( click to enlarge )I’m watching JDSU because it looks like the stock wants to do something. The stock was strong on Monday as the stock closed up $0.16 on the day. I’m buyer of JDSU if it can break through Monday’s high of $8.01. If the stock breaks resistance, you will see the stock move very quickly as traders like to hop onto the stock once it gets going. Keep JDSU on your radar for Tuesday.
Market Club has a very interesting take on how JDSU is playing out after the past volume surge. The “Trade Triangles” paint the picture. CLICK HERE and just enter the ticker (JDSU) your name and e-mail address for the FREE No strings Attached Report sent realtime to your in-box!
( click to enlarge )AIB was a winner on Monday, as the stock ended the day up $0.62. The stock closed strong on the day, which leads me to believe there is another move on Tuesday. Let’s see whether the stock can gather enough momentum to break through $4. If the Bulls are able to push through this level, there will be another rally towards $4.33.
