Integrated Device Tech – IDTI
2018-07-18
I sold today, because the stock has been gaining on light volume and believe that it is near a short term top. I got filled at $35.24
Here is a 3 month chart from Stockcharts
2018-07-09
My order got filled in the morning at $33.86
Cost Basis: $33.86
-5% Stop: $32.17
+20% Target: $39.43
Today it had a decent gain +1.19%, but on very light volume 39%. This is not a good sign, because it doesn’t have much conviction. Read about Acc/Disc.
2018-07-08
This stock came to my attention last quarter and was on my watch list. It was featured in this week’s Investor’s Business Daily Vol 35 N.O. 14 For the Week of July 9, 2018. This was #49 of the IBD50 and Friday’s Close was $33.63. I plan on making a market order to get filled
Cost Basis: $33.63
-5% Stop: $31.95
+20% Target: $40.36
The IBD Rankings
Composite Rating: 93
EPS Rating: 92
RS Rating: 80
Group RS Rating: C
SMR Rating: A
Acc/Dis Rating: B-
ROE: 30.2%
Debt: 76%
Outstanding Shares: 129.3m
Next Earnings Announcement: 07/30/18
Dr Alexander has a triple screen for viewing charts and Trading for a Living is why I use the following charts
5 year monthly chart from bigcharts
