Joel Kruger suggests this interesting Equities in his section Equities of interest :
Integrated Device Technology, Inc. (NASD: IDTI)
Nice recovery in this semiconductor over the past several weeks. However, it looks like additional gains from here might be a tough go, and my recommendation is that longs should consider booking some profit, while shorts might want to get involved. Daily studies are highly overbought, with the RSI recently ascending beyond 80, while Wednesday’s bearish formation add further confirmation. Look for a drop back towards the $6 area, with any rallies well capped below $7.50 on a daily close basis.
