Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button


Home > News > NVE Corp.: The Good Times Are Back

July 3rd, 2007

NVE Corp.: The Good Times Are Back

On Friday, NVEC provided the first buy opportunity when it broke through the downward trend (by drawing a line across the highs) of the handle. Today, it confirmed that move and provided a second buy opportunity when it cleared the high of the handle formation above 37.67. Over the past two days, the stock has vaulted nearly 20%, but the volume behind the move is a bit of a concern. Trading volume today was less than the volume during the move in early May as well as the move on February 26th. That being said, I believe the stock has enough momentum to hit resistance around the November '06 highs, but should not be chased at these levels. If you missed the two buy opportunities wait for some kind of pull back to at least 37.67 and preferably to the area around 35. I'm looking to take profits around the November highs due to the severity of this base which is too deep with sell volume too intense in the left side. I believe the base is prone to failure after it hits 45, but would reconsider another position if it can surge above that level and hold for a few weeks.


Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press


Arrowhead to Present at Upcoming Conferences October 8th, 2015

Harris & Harris Group Portfolio Company, D-Wave Systems, Announces Multi-Year Agreement to Provide Its Technology to Google, NASA and USRA's Quantum Artificial Intelligence Lab October 6th, 2015

Harris & Harris Group Announces Receipt of Milestone Payment From Acquisition of Molecular Imprints by Canon October 5th, 2015

Accelerator Corporation Completes $62.8 Million Oversubscribed Financing September 30th, 2015


Purdue launching new quantum center during workshop October 8th, 2015

Double the (quantum) fun: A detailed analysis of the electrical characteristics of a tiny transistor made from 2 quantum dots could help researchers design better devices to manipulate single electrons October 7th, 2015

Superconductivity trained to promote magnetization: Russian scientist and her colleagues discovered the superconductivity effect, which will help to create future supercomputers October 6th, 2015

Physicists find new explanation for key experiment: Researchers at Bielefeld University publish findings on spin caloritronics and are the first to apply measurement methods in the field September 24th, 2015

Interviews/Book Reviews/Essays/Reports/Podcasts/Journals/White papers

Controllable protein gates deliver on-demand permeability in artificial nanovesicles October 9th, 2015

Faster design -- better catalysts: New method facilitates research on fuel cell catalysts October 9th, 2015

Performance of Polymeric Nanoparticles as Gene Carriers Studied by Iranian, Dutch Scientists October 9th, 2015

A quantum simulator of impossible physics: In the experiment, developed by the UPV/EHU-University of the Basque Country in conjunction with the University of Tsinghua (China), the atoms simulate absurd actions "as if they were actors in a quantum theatre" October 8th, 2015

The latest news from around the world, FREE

  Premium Products
Only the news you want to read!
 Learn More
University Technology Transfer & Patents
 Learn More
Full-service, expert consulting
 Learn More

Nanotechnology Now Featured Books


The Hunger Project

Car Brands
Buy website traffic