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.
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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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