Im not a technical person.. I just follow the basics but if Im not mistaken, the break below $27 on INVN was a big negative.. and the fact that it didnt even bounce in the slightest was a bigger negative..
but like I said- Im not a technician so just taking what I mooch from the wiser folks here..
MU, TXN all have a more fundamental reason for giving up large percentages the last few days.. INVN on the other hand to me seems like a stock to buy on the dips so I get perplexed when I see it break down.. although Id love to see it visit the teens again so I can start a position : )
INVN trying for $25 here.. Missed the trade from this morning and kicking myself now.. I just cant get into the groove here