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I'm watching JDSU because it looks like the stock wants to do something. The stock was strong on Monday as the stock closed up $0.16 on the day. I'm buyer of JDSU if it can break through Monday’s high of $8.01. If the stock breaks resistance, you will see the stock move very quickly as traders like to hop onto the stock once it gets going. Keep JDSU on your radar for Tuesday.
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AIB was a winner on Monday, as the stock ended the day up $0.62. The stock closed strong on the day, which leads me to believe there is another move on Tuesday. Let’s see whether the stock can gather enough momentum to break through $4. If the Bulls are able to push through this level, there will be another rally towards $4.33.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
That's all Folks. See you tomorrow !!!
AC
Labels: AIB, JDSU