Monday - JDSU Update

JDSU Daily Chart (11:30AM)

Here's a quick update to the trade I defined back on 3/6 as it bounced.

After the big gap up the stock is consolidating and will probably trade inside the box for now.  Keep it on your radar and I would recommend buying either a bounce from the bottom or a breakout through the top.  Telcos are spending capital budgets again.  No current position.