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InterDigital, Inc.(NASDAQ:IDCC) looks to be a possible breakout play tomorrow


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#1 Costa

Costa

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Posted 04 October 2012 - 05:06 PM

A break above 38 on heavy volume makes this one look good for a possible strong move NORTH. The medium term trend still looks bullish as the stock is still above 50-day and 200-day moving average with 50-day moving average crossed on top over 200-day moving average recently to form Golden Cross, a strong bullish sign. Additionally, the MACD also shows buy as MACD is on top of signal line. Stay tuned !!

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