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Technology Stocks : JDS Uniphase (JDSU)

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To: Cyrus Mashhoodi who wrote (6368)2/16/2000 2:55:00 PM
From: Guy Gordon  Read Replies (2) of 24042
 
Anyone wanting to know what the outcome of a pennant looks like, try here: :-)

white-crane.com

Note that the trendline drawn through the bottoms at 10/20/99 and 12/15/99 correctly predicted the latest bottom yesterday. (Trendlines are usually not that accurate.)

Don't anybody be scared off by this 9% move so far today. JDSU has plenty of upside room now. The next resistance is the old high of 248, and I don't think even that will be much.
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