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NVTL Stock Chart

By Brett Goldstein on Jul 20, 2007

nvtl.PNG

You know what I like. I like these trendlines. Well it looks like a good buy at this area. I think the markets are going to be boring the next week. Look at what happed when we hit 13,000. Well there are some good plays out there that are touching there trendline. Also Congrats to all that got into TBSI. It has been a mover

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This entry was posted on Friday, July 20th, 2007 at 1:13 pm and is filed under Annotated Analysis. You can skip to the end and leave a response. Pinging is currently not allowed.


11 Responses to “NVTL Stock Chart”


By CL on July 20th, 2007 at 2:01 pm

Hi Brett, NVTL just got downgraded by JPM this afternoon, would this be affecting the pps in the next few days? In addition, MACD is converging now for cross. Could $27.55 be the resistance now? I would just like to get your opinion on short-term T/A analysis. Thanks.

Earnings is coming out in two weeks. We need to keep this on close watch.

By Brett Goldstein on July 22nd, 2007 at 5:25 pm

Hey CL, As you can see from the chart it has not broke its trend line since January. I would get out if the trend line gets broken. Right now seems like a good buying opp with a tight stop loss.

By My Trader's Journal on July 22nd, 2007 at 5:42 pm

I agree with Brett. I think that downgrade just brought it down to its trend line for us. I’ll wait another 1-2 days to see if it is going to actually hold and then will likely get in. You could buy a call on it if you want to limit your $ losses and still have all the potential $ gains.

By cl on July 22nd, 2007 at 11:45 pm

hi Brett and My Trader’s Journal. Thanks for your reply. I actually took my shot and got the August $25 call on Friday when it dipped. I agree that as long as the trend doesn’t break, it’s very likely to make it back to the $28-30 area easily.

By Andrew on July 26th, 2007 at 9:32 am

With NVTL going down with todays market, has it broken the trendline?

By Brett Goldstein on July 26th, 2007 at 6:18 pm

Hey Andrew, NVTL still looks look but barley. Today was a horrible day for a lot of stocks. A lot of charts got messed up looking. Lets see what tomorrow brings.

By CL on July 26th, 2007 at 7:15 pm

SWIR came out with good earnings report tonight, it might lift NVTL a little bit. I see NVTL trading in the $25-26 range from now to next week’s earnings, with $25 as a good and strong support. We shall see what NVTL’s earnings is going to bring. Should be good, IMO.

By CL on July 27th, 2007 at 12:48 pm

I am wrong! NVTL time to take your exits. SWIR did poor and dragged NVTL down. Trend broke and in DT now.

By Brett Goldstein on July 27th, 2007 at 1:07 pm

Yes, today was clearly a break of the trendline

By Katie Hurley on December 24th, 2007 at 2:44 pm

BUY BUY BUY. This is straight upward. Keep your eye on real-time stats like wizetrade, and you’ll stay profitable.

By Anthony Sumner on January 5th, 2008 at 2:11 pm

It is January, and I think this stock is still riding high. Beware though newbies; this is only a trend. It will drop soon, if it hasn’t already. I will look at my wizetrade charts, and come back with an update.

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