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


To: FlameMe who wrote (12592)9/13/2000 11:14:45 AM
From: tangoexotica  Read Replies (2) | Respond to of 24042
 
If you follow Point and Figure charting JDSU had a triple bottom break on September 9th. Monday the Price Objective was showing 100. Yesterday it was showing 92. Today it is showing 80. (This doesn't mean the objective is to be reached in that day) That said, I have seen JDSU buck the Point and Figure trend and whipsaw to the other side.
On the one box size chart there is a support line around 95.

Also, there is news to be factored into the decision.