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JDSU, MPEL, and SBUX on the watch for Monday



April 03, 2011 – Comments (1) | RELATED TICKERS: MLCO , VIAV , SBUX

Here are a couple of stocks worth watching on Monday:


MPEL - I think the chart says it all for this stock. Very nice breakout on Friday on very good volume out of a cup and handle pattern.


Here's the Chart Analysis on MPEL.


SBUX - I'm looking at SBUX for a break above 37.85. It bounced off resistance on friday so I'm a bit wary of this one, so a little caution on entering as market may pullback early this week.


Here's the Chart Analysis on SBUX.


JDSU - Short - The stock is breaking down out of the bear flag - I think it's ready for entry but a safe entry is below the low 18.52.


Here's the Chart Analysis on JDSU.

1 Comments – Post Your Own

#1) On April 04, 2011 at 3:08 PM, tdonb (24.25) wrote:

Someone is buying MPEL today other than me. Over 11million so far.

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