JNPR with a Bullish chart
Saturday, September 22, 2007
Chart courtesy of stockcharts

Shares of Juniper Networks closed the day on the red line, falling just 0.22% to $35.91. Since the start of year that stock continue its Bullish momentum. JNPR has a clear Bullish chart and I think stock will test the previous highs again. Stock are still making nice upwards, and the Bullish pattern is very clear on the chart, however I won't be suprised if stock move down to test its 20 dma at $34.68, however I'm still very Bullish and a possible breakout over $37.57 will occur soon.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical examples.

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posted by Pro Investor Trader at 3:12 PM | Permalink


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