Replies to post #156139 on Zeev's Turnips Patch-No Politics (ZEEV)

[MONYMAN3]

Zeev, what is your downside projection for OVTI....I have it currently in a box of between 39.50 and 43.20. Dies that coincide with you read? TIA, Rob

[Sinfonian]

I agree, Zeev, but I'd be cautious.

Support levels pretty clear:

http://stockcharts.com/def/servlet/SC.pnf?chart=NVDA,PMTCD[PA!D20,2.0][DA][F!3!!]&pref=G

Near term looks pretty poor:

http://stockcharts.com/def/servlet/SC.web?c=nvda,uu[h,a]daclyiay[pb50!b200!f][vc60][iUb14!La12,26,9]...

It nose dived through the 200 MA pretty hard on higher than average volume. If I wanted it as a value play, I'd wait for 10 - 12. It's a volitile one, but I personally wouldn't touch it here. Maybe if it could get back above the 200 on volume and hold it?