( click to enlarge )
We're on the verge of a possible breakout in the shares of InterDigital,
Inc.(NASDAQ:IDCC). The stock finished the day up 7.12% on huge volume
of over 1.7 million of shares exchanging hands on the day, after the
S&P Dow Jones Indices said that the company will replace Quest
Software in the S&P MidCap 400. I'm watching IDCC again as the stock
looks to be setting up for a big upside move. The technical chart shows
possible new rally as %K line is back above %D line developing new uptrend and with
stock back above 20-day moving average we should see more upside coming.
It will also set up a possible golden cross. The key resistance level to watch tomorrow is at $36.11. Watching for
possible breakout there.
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Boingo Wireless Inc (NASDAQ:WIFI) The chart above shows the stock is in a
rally as %K line is rising on top of %D line as the price is back above
50-day moving average. The RSI is also rising along with the rise in
volumes indicates buying interest in the stock. The immediate resistance
appears at $8.5 and support at $7.6. The short-term trend seems to be
positive.
( click to enlarge )
NII Holdings, Inc. (NASDAQ:NIHD) waiting for a break above the 8.4 level for a long position.
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Cosan Limited(USA) (NYSE:CZZ) had a nice breakout today with a pop of 67 cents to 15.74 or
4.45% on 3.6 million shares, the biggest volume in a couple months. Resistance was taken out with a thrust and could lead to more
upside.
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Disclaimer :
This is
not an investment advisory, and
should not be used to make
investment decisions. Information
in AC Investor Blog is often
opinionated and should be
considered for information
purposes only. No stock exchange
anywhere has approved or
disapproved of the information
contained herein. There is no
express or implied solicitation
to buy or sell securities. The
charts provided here are not
meant for investment purposes and
only serve as technical
examples. Don't consider buying or
selling any stock without
conducting your own due diligence.
Thanks for visiting AC Investor Blog.
AC
Labels: CZZ, IDCC, NIHD, WIFI