What is the bottom for IDCC?

Discussion in 'Technical Analysis' started by interdigital, Aug 9, 2007.

  1. Hi guys,

    I wanted to ask the experts, and I hope this is the right forum for my question.

    Would you please take a look at the chart for IDCC, and tell me what the bottom might be? That stock has been dropping for the last 3 weeks, and today they announced earnings. Now I want to get back in, but of course I don't want to buy too early. There are also a lot of shorts in the stock (15% of the float) and maybe they're not done yet.

    Also note that in Jan 2006, the stock gapped up from 18 to 22, and it has never been filled.

    Thanks for your opinions!