"OCZ Technology (OCZ) Bounces Following Dip; Volume Heavy
August 2, 2012 3:44 PM EDT OCZ Hot Sheet Overall Analyst Rating: BUY ( Down)
Revenue Growth %: +53.9% OCZ Technology (Nasdaq: OCZ) shares are popping higher after a sharp drop lower just now. The stock is now down 1.8 percent after being down over 3.6 percent on the session with heavy volume.
The move appears to be below the $5.70 price level, which has been a little bit of support for the stock. But, if you look at the chart over the last several weeks, M&A chatter has caused the stock to have more ups and downs than a hot air balloon convention...or a romantic comedy film."