OmniVision shares breakout !!
Sunday, September 02, 2007
OmniVision shares were up on Friday nearly 5% or $0.96 to $20.87 after company offered a strong fiscal second-quarter forecast. Stock on Friday made a new 52 week high at $21.90 breaking out the major resistance of $20, however it closed far from that level, which could suggest a retest of breakout area ( now support ) . Since March OmniVision has been one of the most amazing stock runs. It quickly moves from about $11 per share to a little over $21 per share in just few months.So, keep OVTI in your watchlist.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical examples.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical examples.
Labels: OVTI