The good thing is that there isn't too much downside from here, maybe just a pullback. As long as support holds I see JDSU doing okay for the rest of the year. Coming out of a well established base which started in April. The volume has been good lately, adding more strength to this breakout.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.