NTAP Broke down the support
Chart courtesy of stockchartsEven after today sell off, OVTI stock can be ready to breakout the ascending triangle, due to the fact that today drop was not follwed by volume as chart show. Keep an eye on OVTI for a possible breakout over 15.50$.
Network Appliance shares were down 16% during today session closing at after company unexpectedly forecast a downturn in revenue, blaming a slowdown in technology spending in the United States. Looking at the chart we can perspective a possible downtrend in the share price of stock after to have broken down the major support at 34.69$. Support now at 31$.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical examples.
That's All. Have a nice evening !!!
AC
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical examples.
That's All. Have a nice evening !!!
AC
