|
JUNIPER NETWORKS
(JNPR-Nasdaq):
Technical Viewpoint: From a low
of $97.57 on Jan 12, 2000 prices
rallied, reaching a
high of $150.16
on Jan 21, 2000. A
decline saw prices pull back, reaching a
low of
$125.06 on Jan 31, 2000.
Another rally saw prices penetrate
resistance, closing 2/3/00
at $154.94. Technicals: MACD Index (MACD): A Buy Alert!
was given on Jan 18, 2000 when the solid line crossed the dotted line to the upside.
Support: Remains at $140.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Feb 1, 2000. A P&F upside
reversal takes place at $144.00. Summary: Technical indicators have turned bullish. BUY! JUNIPER NETWORKS
(JNPR-Nasdaq) @ $156 3/8 Stop: Use a protective stop of $153 1/2.
JUNIPER NETWORKS is currently trading @ $154.94 plus $17 7/8 on Feb 3, 2000. Price Objective:
$188.00. Risk/Reward: $2 7/8 VS. $31 5/8. Today's Risk Reward Ratio: 11:1
|
Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$188.00
Risk/Reward:
$2 7/8 VS. $31 5/8
Risk/Reward Ratio:
11:1
|
