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Strategies & Market Trends : Sharck Soup
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To: Sharck who wrote (12368)3/20/2001 12:27:13 PM
From: tom ablett  Read Replies (1) of 37746
 
Anyone else wanting to short this. Broke upper trendline and volume already equal to yesterdays(almost)
Where do they figure all those cards are going to go? It's beyond me.
Tom A.

From Briefing
NVIDIA Corp (NVDA) 64 13/16 +1 3/4 (+2.7%): -- Technical -- Aggressive advance this month extended (up 65% off the early March low) with NVDA vacillating near
a retracement and trendline resistance at 65 3/16-65. Ability to hold above this area argues for follow through (next resistance in the 67/68 area) but the move this month has left it
overbought on both an intraday and daily basis suggesting some corrective action is due over the short term. Initial support is at 64 with a secondary floor at 62/61.
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