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)

Buy

28-Oct-05. With PRKR closing yesterday up 8% from the buying price of my first lot, I put in an order to buy another lot at what I thought would be an achievable price in today's session. It turns out I overestimated.

• Price momentum (PPO) — accelerating
• Trend (ADX) — strengthening to above the threshhold, with an increase in buying pressure (+DI)
• Money flow (CMF) — continuing positive
• Relative strength (RSI) — increasing
• Volume — latest price rises on heavy volume

Sell

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.