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Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?


To: Guy Gordon who wrote (6239)2/12/2000 9:24:00 PM
From: jcm  Respond to of 24042
 
guy thanks for the info.
joe



To: Guy Gordon who wrote (6239)2/13/2000 11:28:00 AM
From: Boplicity  Read Replies (2) | Respond to of 24042
 
I have to disagree. I'm giving the following a 65% change to happen. Meaning it could go the way you see it. I see JDSU forming a possible head shoulder SHORT TERM TOP with the right shoulder just formed. I have feeling that the stock is about to keel over. It is also hitting the upperchannel of a down trend that started the last half on Jan. JDSU is about to break the 25 day line and is about to go through the lower channel of the up trend that started Dec. I see 182 near term, with break though of that down to 169. What does all this mean? Over head resistance is building and as we go lower it will be become larger. The best scenario I see is a trend sideways working off the sellers (overheard resistance), I would love for this to happen, more so then moving higher only to have it fail again.

Greg---> Not selling any JDSU till the story changes.