|
JUNIPER NETWORKS
(JNPR-Nasdaq):
Technical Viewpoint: From a low
of $21.23 on Jul 23, 2009 prices
rallied, reaching a
high of $24.61
on Jul 1, 2009. A
decline saw prices pull back, reaching a
low of
$22.46 on Jul 8, 2009.
Another rally saw prices penetrate
resistance, closing 7/24/09
at $26.86. Technicals: MACD Index (MACD): A Buy Alert!
was given on Jul 6, 2009 when the solid line crossed the dotted line to the upside.
Support: Remains at $25.00. Resistance: Is at $27.00.
Point & Figure: Reversed to the upside on Jul 15, 2009. A P&F upside
reversal takes place at $25.00. Summary: Technical indicators have turned bullish. BUY! JUNIPER NETWORKS
(JNPR-Nasdaq) @ $27.13 Stop: Use a protective stop of $25.13.
JUNIPER NETWORKS is currently trading @ $26.86 plus $0.31 on Jul 24, 2009. Price Objective:
$35.00. Risk/Reward: $2.00 VS. $7.87. Today's Risk Reward Ratio: 4:1
|
Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$35.00
Risk/Reward:
$2.00 VS. $7.87
Risk/Reward Ratio:
4:1
|
