IDCC is holding the resistance(July 2018, June 2021)-turned-support level. Also 100 EMA. Squeeze Momentum indicator points towards bullish trend. RSI has crossed average from below. Indications of a bullish trend.
IDCC is a high-flyer taking a pause to digest its recent surge. Investors loved the most recent earnings report and drove the stock up 28% in a week. The run happened on good volume with nice follow-through, so I expect to see shares continue to drift higher. Right now, IDCC has a support shelf near $82. I would be surprised to see it get much lower than...
IDCC: InterDigital, Inc. 2021-02-09 04:00:00 Awarded ETSI Specialist Task Force Contracts, InterDigital Develops Multi-Access Edge Computing (MEC) Sandbox Enabling Edge App Developers
IDCC just bounced from its support at $65 and we could see from the chart that probably the price would surge to its resistance at $70 area within 20 trading days.
IDCC: interdigital inc 2018-08-29 08:30:36 Detected possible contract awarded
Retorno de Capital (Greenblatt): 1015.84% P/E (Greenblatt): 5.6 Margen de seguridad en base a descuento de flujo de Caja(Graham): 48.6%
excellent industry, R&D patents on wireless technology 3G, 4G 5G etc. 50 day moving average just crossed over and price is skipping off the trend line. If some momentum gets behind it a $140 price in a year would be possible otherwise steady growth likely would lead into the $90 range.
Big institutions are buying up IDCC. Look for entry into a long position at $58.09. Preview tomorrows picks like this for FREE at: www.tradertraininghq.com Do you know your trading IQ? I call it your TRQ. Learn to trade with uncertainty in the markets and discover what hundreds of other traders have discovered. I've created an online test...its FREE and the...
odds for swing long above 54 and I will look for $60 target area tinyurl.com
Price seems formed a bearish rising wedge and has measured move of 19% downside target. If you decide to take short position, make your stop loss at recent swing high at $42 with target price $34.