No replies to this topic

[Costa]

There is a potential breakout scenario developing on the daily chart of InterDigital, Inc.(NASDAQ:IDCC). I'm looking for a move above the 30.28 resistance. If this level is crossed and the stock is able to sustain above this level, then it might go to $33.45. On the downside, the stock has support at $28.05. The stock is currently in a new uptrend. I feel this stock will easily make a strong move to the upside.