Dec 02: AMD, BAC, CLWR, IDCC, TLAB

Advanced Micro Devices, Inc. (NYSE: AMD) slowing the downtrend. Looks good on MACD. Watch for big action as price touches upper Bband with bands widening.

 Bank of America (NYSE: BAC) moves follows the channel well. BAC also outperforms other banks' stocks, such as JPM, C, etc. CMF is recovering. It finds some great support from 50 day moving average. OMV is moving up quickly with very little price appreciation. BAC is on my radar.

Clearwire Corp (NASDAQ: CLWR) broke its ascending triangle on Friday. ATR is upticking, Bband is widening with price closing above its upper band. Bullish Slow STO signal. I look forward to more price appreciation throughout the coming trading week.

 InterDigital, Inc. (NASDAQ: IDCC) is closing around its recent high. Watch for a breakout above $43.09 for entry.

Tellabs, Inc. (NASDAQ: TLAB) I got some luck on this stock. I posted my bullish view on this stock on my Wednesday Nov 28's post, but I did not expect a huge price appreciation that huge and quick. CEO is trying to boost its stock price by paying a $1 special dividend. According bird-in-hand theory, this stock should rise $1 above its price before the price on dividend declaration date, which would be around $3.80 (adding from previous day's close) I still long this stock.