Catching JDSU today

[lojze]

How it wuld be possible to catch JDSU today?

It was +20%, but not with one news. Or I don't follow the right one's.


Lojze

 

[daniel_m]

trade and watch the market for a few years...then maybe you'll begin to understand.

 

[Gordon Gekko]

Originally posted by daniel_m
trade and watch the market for a few years...then maybe you'll begin to understand.

i bet he's thanking you so much for that answer.

 

[Babak]

lojze,

There are only two ways:

1] you need to be scanning the market (news, vol, % move, etc.)

2] have a list of stocks that you play (and JDSU is one of them)

I found it today using the first method.

 

[lojze]

Originally posted by Babak
lojze,

There are only two ways:

1] you need to be scanning the market (news, vol, % move, etc.)

2] have a list of stocks that you play (and JDSU is one of them)

I found it today using the first method.

Babak,

which tool did you use for scanning to find the JDSU?


Lojze

 

[candletrader]

JDSU had fuel today for 3 reasons:
1) the generalised intraday reversal in the market
2) the fact that JDSU had undergone a classic intraday consolidation breakout (on a tickchart)
3) the fact that JDSU had broken through its 50 day moving average

The combination of these 3 factors probably helped JDSU on its way... a coalescence of complementary factors often has this effect, and JDSU is an example of the trading Gods smiling kindly...