MJPLIFE11--On the daily chart, despite the other positive factors, the stochastics went negative from overbought a few days ago, thereby indicating a decline. The stochastics on the daily chart may be making a bottom at around 50, however, and then move up next week. This stock decline would coincide with option expiration tomorrow. If you want to feel positive, take a look at the weekly chart for IDCC. We may be in the process of completing the worst technical bottom since 2001, using MACD as a guide. In fact, this current bottom appears to be the second worst technical bottom in a decade for the stock. The stochastics and MACD on the weekly chart turned slightly positive together for the first time since the decline began in July. Technically, this could be considered a good sign of a bottom in place. IMHO
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