« IDCC Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Re: good morning all 

By: DCLARKE in IDCC | Recommend this post (1)
Tue, 17 Apr 12 9:55 PM | 358 view(s)
Boardmark this board | InterDigital Communications
Msg. 44908 of 48237
(This msg. is a reply to 44904 by gman1962)

Jump:
Jump to board:
Jump to msg. #

Do charts take into account the value of the underlying assets?

Dclarke


- - - - -
View Replies (1) »



» You can also:
- - - - -
The above is a reply to the following message:
good morning all
By: gman1962
in IDCC
Tue, 17 Apr 12 3:58 PM
Msg. 44904 of 48237

hope everyone is well and in good health...

chart.......

http://stockcharts.com/h-sc/ui?s=IDCC&p=D&yr=2&mn=0&dy=0&id=p41759940092

not too good, (duh, mister obvious) pure distribution since the highs in the 70-80's. all indicators bearish. need something big to break the downtrend or at least build a base. looks like it is back to the old "wait for litigation to resolve" once again. very oversold but that can last longer than you think sometimes.

some support around 30 from oct 2010, better support in the 25-27 range from july-sept 2010. could be places to take positions for a trade. i would take 1/3 position ~30, then additional positions at 27 and 25.

not trying to be "mr doomsday" predictor, just reading the charts

glta!!

jmho

gman Cool


« IDCC Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next