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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: Ellen who wrote (49309)12/22/1999 9:07:00 AM
From: stan s.  Read Replies (1) of 108040
 
NOVL, hi Ellen, a very quick read. I like it, been riding a great trendline since late Sept. It could even give back a healthy chunk and still be in great shape. So a dip to 27 (yesterday's break point) or even as low as mid 23's would be no reason to panic. I would not sell until it broke that line to the downside.

Volume was a little tepid for such a nice move yesterday. Looks headed for a test in the low 30's and then...very nice if it holds.

If you're in or still interested this weekend I'll give a better read.

The above only refers to technicals...have not looked at divergences etc.

Best.

Stan
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