Invensense Inc (INVN)

[bud_fox]

Huge volume today. Think shorts may be covering a bit and potentially shorting the higher price at the same time. Charts looking amazing here. RSI looking good with room to run, MACD still curled nicely, accumulation line going up. A tech indicator I really like is the aroon 25. Go to stockcharts.com and put in INVN. Scroll down to the indicators and click aroon. Once the aroon down (red line) breaks 50 (currently 52) and the green line, the aroon up (currently at 4) breaks through 30 you will see a huge pop. Once the green line breaks up through the red line we pop big. This should easily break $7+ if the market doesn't correct and the market makers don't mess with the chart. INVN is considered a prime takeover target in it's sector. There has to be a huge short squeeze in the future as well. MM's are playing with fire here and hope we burn the heck out of them.