Wednesday, March 16, 2011

Fiber optic stock play

JDSU - last week drop because FNSR another fiber optic stock gave weak forward guidance.
Below JDSU formed a triple top with SUPPORT around 10:15AM.
Notice the key triggers for this trade:
1) Support
2) Spinning Tops / Tweetzers
3) 3minute time frames we see inverted hammer

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