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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Steve Lee who started this subject	6/19/2002 2:10:20 PM
From: Softechie	Read Replies (1) of 99280

NVDA NVIDIA Intraday (25.30 -2.98) -- Update -- -- Technical -- Prudential estimate cuts (see 12:53) and warning by competitor ATI Tech (ATYT) have put pressure on stock. Negative catalysts couldn't have come at a worse time. Stock has been experiencing technical erosion in recent sessions, with recent break of $30 put technical bias firmly negative. Stock now left with initial support at 25.10 to 25.15 with little support thereafter until 23.90. The intraday tone would improve if the stock could reclaim ground back above very near-term resistance at 25.60

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