-Financial Tools Futures Market--TRADE IDEAS-- OPTION ALERTS -BENZINGA PRO-

« Home | Stocks on the move in the afternoon » | Apple TV Box » | Stocks on the move in the afternoon » | Stocks on the move in the afternoon » | Gateway finally Breakout !!!! » | Stocks on the move in the afternoon » | GTW, FSLR, SUPX,SONC, KRNY » | Stocks on the move in the afternoon » | Gateway could be acquired ?? » | Stocks on the move in the afternoon » 

Saturday, March 24, 2007 

Vonage , Nike , JDS Uniphase

Chart courtesy of stockcharts

Shares of Vonage fell more than 25% closing at 3$ after a federal judge ordered Vonage Holdings Corp., the Internet-phone company, to stop using patented technology owned by Verizon. Vonage went public at $17/share and has been going down since. The Stock only found one way in stock market " Down ". I don't know what can I say looking at this chart, oversold but stock still falling.

Chart courtesy of stockcharts

Shares of Nike was up 0.45 to 109.05 a day after its quarterly results that beat forecasts but its guidance was seen as disappointing. The technical chart looks Bullish with both 20,50 dma 200 dma going up and MACD on top of 0, RSI in a Bullish area too.

Chart courtesy of stockcharts

JDS Uniphase makes a range of fiber-optic components, modules, subsystems and optical test and measurement systems. Its products are deployed in optical networks for the telecom and cable industries, generally to increase speed and traffic-handling capacity versus conventional electronic solutions. Telecom equipment vendors like Lucent, Nortel, Cisco, and Alcatel have periodically accounted for more than 10% of sales. Sales outside North America account for 30% of revenue. JDS is a telecom vendor'svendor, so its sales will always be very volatile. Growth in Internet traffic will require telecom carriers to invest in additional network capacity and optical equipment over the next few years. JDS' customer base is expanding, and it will be benefic for the company and most networking equipment vendors and other industries, like displays, are incorporating optical components into their gear. JDS is in better shape to weather the industry downturn than many of its peers and may be able to expand its market leadership, so this factors mentioned above keep me calm and still holding my shares. My investment in JDSU is for a long term even when the chart above still showing some technical problems for Bulls, however I'm not worry.

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. Have a nice weekend !!!


Labels: , ,

Bookmark and Share


About Me

  • 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.

  • Benzinga.com supporter

    Benzinga.com supporter


      Enter your email address:

      Delivered by FeedBurner

      Subscribe my feed :

    Support AC

    • Support AC Investor Blog, Donate with PayPal


      Interested in advertising on AC Investor Blog ? Click Here


    Site Information

    Stock Market Blogroll

    Friends BLOGROLL


Powered by Blogger
and Blogger Templates

Add to Google