This is what is known as a High Tight Flag pattern, one that can be extremely bullish...if the stock breaks out of it to the upside. As I write this, IDCC is up 2.64 to 68.80
Keep an eye on this one.
Friday, August 26, 2011
Let's revisit Interdigital (IDCC)....
Over the last month, rumors have been swirling that Google, Qualcomm and several others are looking to purchase Interdigital, a company with many important patents in the cell phone industry. Here is the chart:
This is what is known as a High Tight Flag pattern, one that can be extremely bullish...if the stock breaks out of it to the upside. As I write this, IDCC is up 2.64 to 68.80
Keep an eye on this one.
This is what is known as a High Tight Flag pattern, one that can be extremely bullish...if the stock breaks out of it to the upside. As I write this, IDCC is up 2.64 to 68.80
Keep an eye on this one.
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