Oclaro, Inc. (Avanex-Bookham) Message Board

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Technology Stocks : Oclaro, Inc. (Avanex-Bookham)

OCLR 8.260

0.0%

Dec 10 4:00 PM EST

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To: 2MAR$ who wrote (2154)	3/20/2006 5:10:58 PM
From: Hawkmoon	Read Replies (1) of 2293

AVNX a tag of the middle of lower fibo retrace right @ $2.72 area ...well just a little above. That's fine.. I'm patient. Had a fear it might retrace a bit, but Friday's close was so very strong with regard to support. But it's seems to have mimicked what it did previously when it re-touched the 50 Hour MA. Let's hope it gives us a re-occurence of the previous scenario, when it popped very high: bigcharts.marketwatch.com The 15 minute chart appears to give some confirmation although it suggests a slight retest back to the 2.80 area: bigcharts.marketwatch.com The stochastics on the daily chart have been like a coiled spring. bigcharts.marketwatch.com Hawk

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