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Pastimes : Home on the range where the buffalo roam

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To: Boplicity who wrote (9061)1/18/2001 2:24:36 PM
From: mmoble  Read Replies (1) of 13572
 
Greg,

What do you think of JDSU's chart?

stockcharts.com

I'm very much a newbie when it comes to TA, but it looks to me like it's in a downward price channel with upper resistance at the MA(50) or around 58. A decent break above that would reverse the downward trend (assuming there was one), otherwise back down ...whadaya think?

-Marcus
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