JDS Uniphase (JDSU) Message Board

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Technology Stocks : JDS Uniphase (JDSU)

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To: Guy Gordon who wrote (2887)	12/13/1999 11:48:00 PM
From: Boplicity	Read Replies (1) of 24042

Once again Guy I have to disagree with you. QCOM had ascending triangle, where as JDSU does not. While QCOM formed a nice channel after it corrected, with an upward bias, JDSU has formed one with a declining bias. Also, QCOM vol. dried up where as JDSU is increasing as it goes down. Furthermore, stochastic for QCOM stayed in the upper level, where as JDSU stochastic is confirming the downward bias. Also, I believe you have drawn your channel too wide for JDSU also. I see JDSU going down to it's 25 day line around 225 or so, unless of course we have some news from JDSU to stop the downward pressure on the stock. Greg

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