Great stock & big Jump !!!
Is the Sky the limit ? hum !!! it's dificult to predict until where this stock can go, but during this week this baby touch again in a new high at 109.85, MACD still very Bullish.
HANS - Hansen Natural Corporation, through its subsidiaries, engages in the development, marketing, sale, and distribution of beverages in the United States and Canada.
On thursday of last week ( 02-03-2006 ) Novell said first-quarter profit sank from a year ago, when results had been boosted by a large gain from a legal settlement. Revenue fell 5.4% for the three months ended Jan. 31. According the chart above we can see some potential upside from here until the red line near 7.70~7.75.
Chart courtesy of
stockcharts
According to chart we can see the Uptrend of JDSU, now with a top of 4$ and a bottom at 3.15, the indicators are Bullish, but showing some signals of invertion as Fullsto or MACD.
Macro Economic news reported on Friday
The employment report issued Friday by the Labor Department showed that job gains were fairly broad based. Construction companies, retailers, financial services all other industries posted payroll increases only manufacturing losses jobs. The employment showed a gain of 243,000 jobs in February, marked a pickup from the 170,000 positions added in January. January's payroll gain turned out to be slightly lower than the 193,000 new jobs first reported. The unemployment rate inched up to 4.8 percent from a 4 1/2 year low of 4.7 percent in January. Another important report was the average hourly earnings that rose to $16.47 in February, a 0.3 percent increase from January, this value compared with February of last year have increased by 3.5 percent -- the most since September 2001.
That's All. Have a great weekend !!!!
AC
Hi AC,
I agree with you on the QQQQ, I posted the chart on my blog. Have a great week,
EDgar
Posted by HighBetaStocks | 9:22 AM