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OmniVision Technologies, Inc. Message Board

  • cyclad cyclad Apr 7, 2005 10:26 AM Flag

    trading range

    Trading ranges as some analysts remark is not always dull and a lot of excitement and volatility can still exist within those ranges. OVTI volume is drying up big time. It seems the bottom of the trading range is certainly being carved out here. The first area of resistance is around 15.45 and then after that a lot of congestion around 16.30. We did hit 20 before last earnings and stayed comfortably above 18 for a small time during that period as well.
    Anyway, as soon as there is a change of wind I will be very happy to buy more. And I think that change is upon us.
    Just some personal notes

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