The Arora Report

NVDA BOUNCES

July 21, 2011

Earlier in the day, NVDA broke below $14.00. The break was not sustained and NVDA bounced sharply taking out the stops of short sellers.

NVDA plateaued around $14.70. Going into the close money flow has been negative in NVDA. Fundamentally NVDA is a weak stock bouncing from an oversold condition.

If there is an actionable signal it will be provided on the Real Time Feed of the ZYX Buy Change Alert or the Real Time Feed of the ZYX Short Sell Change Alert.

NVDA

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