Wednesday, February 20, 2013
2/20: ZNGA, GEVO, IDCC, APP, DDD, SPWR
As I have mentioned on Feb 13, IDCC usually jumps right back to upper Bband after touching lower one. IDCC is on its way there since last week and now almost there. There is a bullish MACD crossover today and I suspect there will be a big move very soon. I long IDCC since $43.00 and stop just below $42.50
It was trading at $9.91 when I mentioned it last week. Again, I have a target of $18.00. The picture is getting even better as volume confirms the big move on price. A bullback to $12.10 would be a very sweet level to go long and add positions.