strong rally with good volume now approaching a breakout area.
BREAKOUT WATCH for possible breakout above 15.71, no resistance in area just above.
Type: True breakout from double resistance.
Target: 17.19, 11.6% Stop: 14.99, Loss: 2.7%, Profit/Loss ratio: 4.3 : 1 - Excellent
CURRENT PRICE 15.4, at resistance, 15.39 ± 0.32, type double, strength 6
RESISTANCE ABOVE None.
SUPPORT BELOW -8.2% at 14.13 ± 0.3, type double, strength 6
-13.7% at 13.29 ± 0.28, type triple+, strength 10
-19.3% at 12.43 ± 0.26, type double, strength 10
Stock chart
source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=JDSU
BREAKOUT WATCH for possible breakout above 15.71, no resistance in area just above.
Type: True breakout from double resistance.
Target: 17.19, 11.6% Stop: 14.99, Loss: 2.7%, Profit/Loss ratio: 4.3 : 1 - Excellent
CURRENT PRICE 15.4, at resistance, 15.39 ± 0.32, type double, strength 6
RESISTANCE ABOVE None.
SUPPORT BELOW -8.2% at 14.13 ± 0.3, type double, strength 6
-13.7% at 13.29 ± 0.28, type triple+, strength 10
-19.3% at 12.43 ± 0.26, type double, strength 10
Stock chart
source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=JDSU