Wed 11/26/2014 02:35 ET
DJIA17814.943.560.02%SOLAR37.640.270.71%GOLD1199.700.330.33%Shanghai2604.3537.241.43%
S&P 5002067.032.480.12%BANKS24.350.020.08%OIL74.21190.722.57%Nikkei17383.5824.340.14%
NASDAQ4758.253.330.07%SEMI54.090.040.07%US/EU0.800.210.26%Futures2070.903.300.16%
Welcome Stranger!  Please sign up or log in to enable additional features.Sign Up | Mail | Log In
Forum - Wall Street Pit (InterDigital Communications Corporation - IDCC)    Stock Due Diligence for All

Msg Top | Msg List | < Prev | Next > | Post New | Reply | Privately | Search | Add IDCC
  
From: acinvestorblog (Rep: 327)Date: 12/01/2012 03:52
Forum: Wall Street Pit - Msg #2335437 - List IDCC msgs Thread #673480575 (Rec: 7)
I've been bringing InterDigital, Inc.(NASDAQ:IDCC) to my readers the last few months and the stock is again on the verge of a possible breakout. For the coming week, watchout for a possible breakout over $43.09 which is the previous high. Based on a technical perspective the stock shows very strong bullish sign. First of all, the stock is trading above 20/50-day and 200-day moving average with all major moving averages pointing upwards. Then the daily MACD indicator is back above signal line also indicating a buy. In addition, KD line still show the stock is on the positive swing. The short interest remains high at over 13 percent and shorts will need more than 9 days to cover. So, if it breaks above the 43.09 level then a squeeze definitely will happen. I'll be watching the stock again on Monday for a possible Breakout.





Share This Post:


During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog  twitter and newsletter, so you can receive my trade ideas and stock news in real time.

What would you like to do? Message: Endorse | Bookmark | Report AbuseUser acinvestorblog: Reward | Watch | IgnoreIDCC: Ignore

Msg Top | Msg List | < Prev | Next > | Post New | Reply | Privately | Search | Add IDCC
  

TheLion.com | About Us | Agreement & Disclaimer | Privacy | Twitter
© 1999- TheLion.com, Inc.