Category Archives: IDCC

Sprint (NYSE: S) has been in a uptrend for a while. Although there is an almost-3% drop today, the body of the candlestick is still touching the upper band of BBand, which means buy signal is still entailed. There is a cup and handle pattern with a breakout. A pullback like today is normal considering Slow STO is at overbought level.

S&P500 Index: Even though, we have experienced several red trading days, I remain bullish on the outlook, at least technically. First of all, SPY is still closing above the exponential moving average in the middle of BBand. Second,  it still closes above 141, the breakout level.

Updates to stocks I have mentioned before:

Groupon (GRPN) has dropped 7.21% with increasing short ratio at 10.48%

3D System (DDD) has dropped 4.02% after morning’s gaining. It now has a short ratio of over 20%. I think it is a very good candidate for short squeeze speculation.

InterDigital (IDCC): As mentioned yesterday, it finds strong support from its 200 day moving average. It now has a short ratio of 15%. A good candidate for short squeeze too. However, it has closed below 200 day moving average today with less than average volume.