Tuesday, May 27, 2014

IDTI - Breaking Higher....above the old shoulders

Purchased today at $13.01. Another nice move up for IDTI, Integrated Device Tech, moving above and holding over $13 today. Reaching above the shoulders of the previous head and shoulders pattern (circled) and also holding above those pesky whole dollar values that tend to provided some resistance. If we can blast the previous highs it will be onward and upward. Again, the weekly chart is providing some nice confirmation of the upwards trend.



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