That is a very good sign..
Stock almost saw $7 last week but came down a little which was disappointing but the painfully low volume made me believe the drop was temporary. Strong close yesterday good sign too.
Now we're seeing an attack on $7 again and I think this time we'll get it especially since the move is once again on low volume. If and when she picks up volume you'll see a fifty cent rise easy.
If you read my post you would see that I wrote;
$19 pre all this nonsense..
That means before the one company split into 2.
At one point JDSU was trying to see $16 pre split up..
$19 pre split equates to viav getting to approx. $10 not including lite.
she's looking real good pas... repeated low volume on up days are a great trend.. soon will wake up with volume and she'll have a good spike.. I see over to mid $7 next week when that happens.. then who knows, probably settles back down some would make sense..have a good weekend old jdsu friend whom will hopefully soon see that $19 pre all this nonsense..lol
On days when either viav or lite have been down, the volume has been low.
On days when either the two stocks have been up the volume has been high.
This and of course the fact that both have held steady and or went up on down market days all good trading signs to me that higher prices will be made. It is still troubling though that Viav can't get out of the $6.70 range. I'd like to see it breakout over $7.
Disclosure I'm long Viav again, in at $6.55 range this past Tuesday.. Tight loss stop at $6.25..
Good Luck to all..