One final stock in the semiconductor complex whose insiders are doing some active buying is Freescale Semiconductor ( FSL), a provider of embedded processing solutions. An embedded processing solution is the combination of embedded processors, semiconductor devices and software. This stock hasn't done much so far in 2012, with shares off by just 2.3%. Freescale Semiconductor has a market cap of $3.05 billion and an enterprise value of $8.89 billion. This stock trades at a cheap valuation, with a forward price-to-earnings of 8.03. Its estimated growth rate for this year is -55.2%, and for next year it's pegged at 258%. This is far from a cash-rich company, since the total cash position on its balance sheet is $760 million and its total debt is a whopping $6.58 billion. A director just bought 40,300 shares, or about $500,000 worth of stock, at $12.24 per share. From a technical perspective, FSL is currently trading below both its 50-day and 200-day moving averages, which is bearish. This stock recently put in a double top chart pattern at around $17.84 to $17.76 a share. After forming that top, shares of FSL have been downtrending badly and making lower highs and lower lows, which is bearish technical price action. That said, the stock is now starting to find some mild buying support near some previous support zones at $11.30 to $12 a share. If you're bullish on FSL, I would only look for long-biased trades if this stock can hold support at $12 and then break out above some near-term overhead resistance at $12.81 a share high-volume. Look for volume on that move that's near or well above its three-month average action of 823,169 shares. If we get that action soon, look for FSL to spike higher back towards its 200-day moving average of $13.64 a share or possibly above its 50-day moving average of $14.70 a share. Traders should avoid FSL from the long side or look for short-biased trades if the stock takes out $12 to $11.30 a share with high-volume. A high-volume move below those levels could easily set this stock up to trend down towards $10 or even its all-time low at $9.43 a share. To see more stocks with notable insider buying, including Och-Ziff Capital Management Group ( OZM), Basic Energy Services ( BAS) and AutoNation ( AN), check out the Stocks With Big Insider Buying portfolio on Stockpickr. -- Written by Roberto Pedone in Winderemere, Fla.