NDAQ:VIAVV - Post by User
Post by
fmkapon Dec 29, 2000 1:14am
488 Views
Post# 3046695
upward trend gives a lot of room for upside
upward trend gives a lot of room for upside---- Today's Market Call: JDS Uniphase
https://www.investorlinks.com/tkr/001228g.htm
Looking at JDS Uniphase over the past several days, the stock
has come down from the $60 price range to $37 where it was
followed by a flat trading day and now a strong up day today.
A stock that’s been sold off quite a bit that reverses back
toward an upward trend gives a lot of room for upside
potential...
---- JDSU May Resolve to Rally in New Year
https://www.investorlinks.com/tkr/001228h.htm
In the past six trading sessions, optical networking giant
JDS Uniphase plunged from approximately $60 a share to below
$40, due in part to analyst downgrades. Technically, the
stock appears to have fallen too far, too quickly, and it
could be within five dollars of completing the fourth and
final stage of a trading cycle. Shares of JDSU may now
present investors with exceptional long-term value...