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Technology Stocks : IDTI - an IC Play on Growth Markets
IDTI 48.990.0%Mar 29 5:00 PM EST

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To: Taut Knot who wrote (11337)2/21/2002 11:41:02 PM
From: Return to Sender  Read Replies (1) of 11555
 
I think that INTC and the SOX are extremely important as to where IDTI trades. The stock will not go up now just on its own merits which fundamentally are strong.

I ran three charts on IDTI tonight and personally I would love to get back in below 25. I believe this weekly chart confirms your narrowing triangle:

stockcharts.com[h,a]waclyyay[pb50!b200!d20,2][vc60][iUb14!La12,26,9!Lk14]&pref=G

I won't pretend to be a technical analysis expert. I pay most of my attention to only two indicators and previous support levels.

RtS
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