ParkerVision (PRKR)

Company

"ParkerVision ... designs, develops, and manufactures complete semiconductor system solutions for wireless products based on the enabling, patented D2D(TM) technology. D2D, which is applicable to all wireless applications, utilizes digital radio circuitry that eliminates the negative attributes inherent to products that use legacy analog processes. The company's new RF power amplifier products provide improved signal performance, power efficiency, and design cost to manufacturers of wireless RF products." (company website)

PRKR stock chart

Buy

25-Oct-05. ParkerVision has been climbing out of a low since June (see sidebar). There was a deep pullback in September, but the 200-day moving average has leveled off and the 50-day moving average has turned up again. It has just bounced off the lower Bollinger band and is pushing out the upper band.

  • Price momentum (PPO) — picking up slightly
  • Trend (ADX) — ticking up with an increase in buying pressure (+DI)
  • Money flow (CMF) — positive
  • Relative strength (RSI) — increasing
  • Volume — declining average daily volumes has leveled off

Sell

loss Bottom line
20%

22-Nov-05. I've been watching with delight as PRKR climbed, and set another new high yesterday. This morning I got cold feet when PRKR fell sharply after opening above yesterday's close. I've learned to look at that chart pattern with fear and trepidation, so I sold both lots. Later in the session it recovered quite a bit. Tomorrow should tell the tale whether I was prudent or hasty.

PRKR stock chart
PRKR 1-year chart