Stock of the Day : JDSU turnaround ?

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Tuesday, September 12, 2006

Stock of the Day : JDSU turnaround ?

Chart courtesy of stockcharts

JDSU bounced from August lows with a considerable volume in the last two days that it changed the picture of the chart. The chart suggests now a Bullish Reversal pattern, the latest candles had formed a Morning Doji Star. Next Resistance 2.31

That's All. Have a great evening !!!

AC

21:55 | Permalink

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I'm a 48 year old Independent Trader using proprietary technical analysis with more than 20 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

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Disclaimer: I am a 48 year old Independent Trader using propriety technical analysis with more than 20 years experience of investing in the stock markets. I started this blog in 2006 simply as a way to share my thoughts on the market.Please keep in mind that My blog contains only my personal opinion and is provided for informational purposes only, and no mention of a particular security constitutes a recommendation to buy,sell, or hold that or any other security. My past results are not necessary indicative of future performance.Any trades or investments are committed at your own risk. I am not a professional money manager. Always consult your broker for any of your investment decision.Trade at your own risk. All opinion in this blog is intended for educational purpose only and AC Investor is by no means liable for any potential damages that may be incurred from this information.Trade at your own financial risk as I assume no responsibility for your investing decisions in the markets.

AC Investor Blog

Seeking to provide independent day trading strategies based on Technical Analysis.

Tuesday, September 12, 2006