AudioCodes (AUDC) buy signals

This morning I added AudioCodes (AUDC) to the Barchart Van Meerten Speculative portfolio.  You may remember that this stocks was also yesterday's Chart of the Day.  The Speculative portfolio is made up of stocks trading under $10 that have hit the most frequent new highs in the last month and have the technical indicators and charts I like to see.

The chart below is an hourly chart of the stocks recent trading history:

Barchart technical indicators:

• 100% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 7 new highs and up 19.50% in the last month
• Relative Strength Index 72.77%
• Barchart computes a technical support level at 5.26
• Recently traded at 5.76 with a 50 day moving average of 4.72