RF Micro Devices, Inc. (RFMD)

[xray44b9]

Today's action is really making me start to think that the analysts are truly anticipating some good numbers coming from the company. To be acting this way in a down market is pretty remarkable for this stock. The volume isn't great but the sellers just seem a lot less interested.

Next resistance areas are 5.45, 5.50, 5.60 and 5.75 (roughly the top of the current ascending channel), then blue skies and 2011 levels. Not saying it's going to get there but that's the basic technical setup.