Trade Idea - JNPR
Monday, October 08, 2007
Here is one stock that you should keep in mind during the next days, Juniper Networks. Looking at the daily chart of Juniper Networks, it may be obvious that stock lost some momentum after recent rallies, but in my opinion is now in a phase of consolidation to run up again, and I think that it will occurs this week according to the Friday candle. A close above $37.20 will put bears under pressure again, so keep an eye on Juniper Networks for a possible breakout over $37.20.
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.
Labels: JNPR
