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Wednesday, October 04, 2006 

JDSU - Big volume in the last hour

Chart courtesy of stockcharts

Shares of fiber optic network equipment maker JDSU added 2% to 2.24. In the last hour the stock jumped from 2.19 to 2.23 in minutes followed by volume. The technical chart is showing bullish sign as MCAD is above 0 and the stock back above 13 day moving average, we may finally see some positive momentum coming from the stock which has been beaten badly since September after the earnings report.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.

That's All. Have a great evening.

AC



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  • I'm a 43 year old Independent Trader using proprietary technical analysis with more than 18 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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