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OmniVision Technologies, Inc. Message Board

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  • veqasfletch2001 veqasfletch2001 Sep 3, 2011 2:32 AM Flag

    possible buy on ovti

    Why pay $17.70 while you may buy it in $16s.
    I wait for the market to go lower. We may get great deals whey the market goes lower. I wait naz to drop 400 points by next few weeks.

    • I realize that but just to give you an idea of how oversold this is consider this. On my pivot high calculator ths last pivot high was 8-25-11 at 26.53 with an avg range of 6.6% and 1.65. The suggested accummulation prices are buy point#1 is 22.10 and buy point #2 is 19.45. As you can see the price is well below #2 buy price so we are extreme oversold levels. It is a good time to look for a trade, short term of course.

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