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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Donald Wennerstrom who wrote (52015)5/4/2011 11:35:29 AM
From: 2MAR$  Respond to of 95358
 
NVLS $32.28 (+4.43%)...kind of busy this am but that chart was showing an oversold 'double bottom' there exactly at yesterdays low of $30.48 (see jan 9th bottom the same within pennies ) so the stock got buying today , technical bounce .

grumpy market out there , but yes , wouldn't it be nice to
know these swings in advance ?

30% up & 25% down in 4mos ,one could make only 4 trades in
that time & take 5 the rest of the time ! ;o)



To: Donald Wennerstrom who wrote (52015)5/5/2011 10:36:05 AM
From: 2MAR$  Read Replies (1) | Respond to of 95358
 
hav you checked NVLS today ??

That AMAT buy out of VSEA sure didn't hurt ;o)

And no one wanted it on Tuesday when the markets were tanking..hehe

was too oversold & that double bottoms usally get bought
or at least shorts cover at these pivots (i would)...

**for a comparable bounce off the oversold check daily chart for RIG just reported terrble numbers just this am , but got the same bounce off a 4mo reset to low/oversold like NVLS