After re-reading last January chart thoughts Id like to post a present day comparison. I wont go through all the charts just particulars. Screen grab of the Jan 2013 chart and comments (tinted yellow) will precede current charts.
January 2013 Chart Thoughts
I’m going to run through a random bunch of charts that I’ve had up recently…good or bad. I normally like to update my Stocktwits stream if levels differ from those others posted or when I see something actionable, and will…
JDSU Price Motion Analysis
JDSU has really heated up and was an over performer in the telcom seasonal trade issued in mid November 2010. This analysis of the JDSU weekly chart from 2002 explains a possible Elliott Wave count for JDSU, and clarifies the…
Telcom Seasonal Trend Performance
Briefly revisiting the telcom seasonal trade statistics and the seasonal upswing in most of these stocks from mid November 2010 to December 31 2010, shows hits and misses. Performance was overall positive during this time frame. For some like JDSU…
Telcom Seasonal Trade Update
Since the price low on November 22, 2010, when the seasonal move was initially called, regardless of instances of lower prices to follow, to the high price so far in todays trading. All but one stock has made profitable moves…
Trading Telecommunication Stocks Seasonal Move
Marked on the calendar in late November is, “take a look at telecommunication stocks”. Visiting any group of stocks during a “seasonal” swing is worth investigating. Lately LEAP has been on the watch list, add to that any of its…