Trade Idea - JDS Uniphase
Thursday, April 03, 2008
( Yesterday ) Chart courtesy of stockcharts

JDS Uniphase stock is demonstrating something interesting in the daily chart, it is printing an ascending triangle formation, with prices testing the resistance at $14 on three occasions, generally the four movement breaks thr trend. So, it will be interesting follow this stock in the next sessoins to see if it will have strength to finally breakout. Keep an eye on JDSU for a possible breakout over $14.

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.

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posted by Pro Investor Trader at 11:54 AM | Permalink


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