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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (48855)12/7/2012 11:23:42 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 71134
 
Wireless sector chart review.

Potential major trend change in BRCM. BRCM is not a wireless pure play.



QCOM about to test the next 2 resistance levels above. $68 may e strong resistance though. I don't

expect that test till earnings come out.



ARMH continuing to power to new highs due to greater adoption of it ARM core technology.



IDCC also trading are new high based on increased revenue and EPS guidance. A lot of drama around a potential take over from earlier in the year is gone. While their patents are profitable, they are not key to handsets and base station designs.



Handset component suppliers continue to get squeezed. Despite large volume sales, margins are razor thin for component suppliers.



LLTC setting a new high. Again LLTC is not a wireless pure play, but their analog power components go into virtually every electronic device. Is this a early indication of increase demand? Wait of JBL earnings to confirm which I think is later this month?