|
|
NOVN
Jan 15, 2004 20:28:43 GMT -5
Post by Robo on Jan 15, 2004 20:28:43 GMT -5
|
|
|
|
NOVN
Jan 17, 2004 13:38:47 GMT -5
Post by Robo on Jan 17, 2004 13:38:47 GMT -5
Thanks for your analysis.  |
|
|
|
NOVN
Feb 3, 2004 10:33:42 GMT -5
Post by Robo on Feb 3, 2004 10:33:42 GMT -5
Hi there,
Now that Noven has broken the buy support and the lower point of the spinning top, what are the indications you'd look at for a new entry point?
Thanks again.
Robo
|
|
|
|
NOVN
Feb 4, 2004 20:52:39 GMT -5
Post by DJF on Feb 4, 2004 20:52:39 GMT -5
As it overshot (to the downside) the upside gap, I suspect this will make a run to $14.50-15.00. If looking to buy I would place some GTC orders in this price zone and with stops on a loss of $14.50. stockcharts.com/gallery?novnDD as always, DJF |
|
|
|
NOVN
Feb 26, 2004 10:30:59 GMT -5
Post by Robo on Feb 26, 2004 10:30:59 GMT -5
Nice earnings release, which has caused a big gap...
Any thoughts on what this might do?
Thanks again.
|
|
|
|
NOVN
Feb 26, 2004 15:39:59 GMT -5
Post by DJF on Feb 26, 2004 15:39:59 GMT -5
That's a big gap on huge volume. When people buy on earnings you are looking at the start of something good. Market manipulators will do what they can to drive the prices down to scare people out. GTC orders some 10% off todays lows could get a nice fill. The move is bullish, the question is - How low can you go?
DD as always,
DJF
|
|
|
|
NOVN
Mar 6, 2004 0:31:21 GMT -5
Post by Robo on Mar 6, 2004 0:31:21 GMT -5
Hi there,
NOVN continues its ascent - would it be uncommon for this stock to not fill the breakout gap below $20?
Thanks in advance.
|
|
|
|
NOVN
Mar 6, 2004 15:44:13 GMT -5
Post by DJF on Mar 6, 2004 15:44:13 GMT -5
Well, the breakout gap is just that (breakout gaps can never close in an uprally). Its important as the next gap up will be a measuring gap, giving a price target of the difference from the breakout gap to the measuring gap added to the lows of the candlestick creating the measuring gap. This contimues to look good in the short term, with a target of $30 before consolidation can be expected. Watch for the measuring gap.
DD as always,
DJF
|
|
|
|
NOVN
May 2, 2004 16:04:54 GMT -5
Post by Robo on May 2, 2004 16:04:54 GMT -5
NOVN announced earnings last week that were in line with my expectations, but lower than analysts. The share price fell to fill the previous gap, leading to an upgrade by one of the analysts following this stock... any comments on what might happen at this point?
I like the long-term potential for this company and would like to increase my position again, but I'd like to do it at the lowest cost (of course).
Thanks for your analysis.
Robo
|
|
|
|
NOVN
Jun 17, 2004 0:07:00 GMT -5
Post by DJF on Jun 17, 2004 0:07:00 GMT -5
Technicals improving. The gap test was successful (ie. prices didn't continue down). It made one test of $21.00 resistance, and looks set to test it again. Each move to resistance, weakens resistance. A break of $21.00 sets the next target of $25.10. stockcharts.com/gallery?NOVNWeekly chart remains favorable for long positions. DD as always, DJF |
|
