JDS Uniphase In Review:JDSU cheap but dramatic rally unlikely

JDS Uniphase shares are trading below their 50-day moving average (MA) of $ 12.37 and should find support at its 200 days MA for $ 9.04. Look for these MA to provide resistance for a short-term bounce in stocks.

In the past 52-weeks, shares of JDS Uniphase have traded between a low of $4.75 and a high of $13.95 and are now at $11.00, which is 120.42% above that low price.

JDSU cheap but dramatic rally unlikely