Sunday, May 06, 2007

JNS Analysis for 05.06.2007

Monthly chart shows upside momentum building; CCI indicator in the overbought area. Price is making higher highs and higher lows. Short term resistance is right at the .382 fib level of $26.50 area, where some profit taking took place.

Weekly chart shows price currently well above the 8ema and 34ema.
Daily chart shows major change in investor sentiment on April 9, 2007, when investors gapped up the stock at the open, above the prior high.

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