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Technology Stocks : JDS Uniphase (JDSU)
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To: JustTradeEm who wrote (19585)3/19/2001 6:17:44 PM
From: hamsandwich  Read Replies (1) of 24042
 
JB and thread,

Any sense of resistance levels on the way back up, assuming we have seen a bottom (which seems to be a big assumption, considering the Greenspan wildcard tomorrow)?

My read looks like we are butting up against resistance at 25, there's more in the 26.25 range, with greater resistance in the 34s, 37.8 range.

In general, Fib. retrace numbers for an upward move look to be around:

31.3-32.1, 37.8-38.4, 43-43.5, 48.1-48.5

Anyone better at math than me? Your comments would be appreciated.

hs
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