OCLR - Fell out of the wedgeBroke down out of wedge. Box may act as support. If it breaks down from the box, very bearish.
Oclaro
Wait to go down $8.12 before going long Strong fundamentals, but subject to cyclical speculation. Would personally wait for it to hit $8.12 area and bullish confirmation before going long to capture the uplift up to 10.53 for short term.
Long time bullish pending deals finalised to meet the chinese demand. OCLR