OmniVision Technologies, Inc. (OVTI) is making a run to 52 week highs this morning. It’s been a strong stock that came on the radar in the past few months. It never broke its 50 Day MA when the market did 2 weeks ago, and has room to run.
At this stage, the first buy price would be $34.61. The second buy would be $35. Stops could be placed at $33. This stock should being seeing a lot higher prices based on the chart.
(click to enlarge)
Disclosure: Long OVTI
Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!