SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Alamos Gold -- Ignore unavailable to you. Want to Upgrade?


To: geoffb_si who wrote (4268)1/13/2003 4:06:41 AM
From: Al Collard  Read Replies (1) | Respond to of 4470
 
Hi Geoff,

Your in with JDU-t @$ 5.50 for 3,636 shares.

Chart for JDS Uniphase Canada Ltd:

stockcharts.com[w,a]dacaniay[dc][pc20!b50!f][vc60][iLa12,26,9!Lh14,3]&pref=G

From the chart of JDU we can see the long white candlestick from Friday, where the stock tested but successfully held the support of it's 50MA. The close near the high of the day with a higher high and a lower low shows an increase in volatility. The Stochastics is showing the stock to be nearing overbought levels, suggesting another test of support or a consolidation phase is needed before the stock can resume it's uptrend. If the 20EMA crosses atop the 50MA, I would change to a buy. (Hold)

Good luck with this pick,
Al