
Finisar Corporation (NASDAQ:FNSR)
jumped up by 3.32% and closed at $12.46 on Friday. Upside volume has
been good lately and the stock is setting up nicely to break out. Buy
point would be on the day it blows through $12.54 on heavy volume, which
could happen next week. The indicators are looking Bullish. The MACD is
above signal line and above 0 line, which is a bullish indicator.
Additionally to that, we also have the price currently above all
short-term EMAs. FNSR will move very quickly, so watch the stock closely
on Monday.