Tuesday, January 1, 2013
Stocks to Invest in 2013
As I have mentioned days earlier, IDCC rarely closes below MA(50) and closes around lower Bband for long. Yesterday's action tells us that IDCC's strong uptrend still enacts. I have a short term target of $44.30 in one month. Again, MA(200) is bottoming and strong support found on 40-RSI level since August. Given the price is around MA(50), it is a great opportunity for entry.