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Technology Stocks : JDS Uniphase (JDSU)

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To: wlheatmoon who wrote (458)6/30/1999 9:42:00 AM
From: AI Master  Read Replies (2) of 24042
 
"If this stock never looks back and keeps flying, another train will come down the track." Good point Mike. I never sweat the woulda-shoulda-coulda trades. I live by the saying, "Missed money is better than lost money."

Technicals for UNPH are mixed this morning. Analysis of the rate of change of the exponentially smoothed average price suggests the completion of an uptrend. The rate of change is topping out and starting to decline. In this market this is a bearish indication that a reversal may occur soon. But the Price Phase Indicator is moving to the upside. This is a bullish continuation signal showing that an uptrend is in place and that prices are more likely to continue to the upside than they are to drop.

Good luck and happy trading!

Rocky
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