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JUNIPER NETWORKS
(JNPR-Nasdaq):
Technical Viewpoint: From a low
of $220 1/2 on Feb 22, 2000 prices
rallied, reaching a
high of $301 1/4
on Mar 10, 2000. A
decline saw prices pull back, reaching a
low of
$207 1/2 on Mar 16, 2000.
Another rally saw prices penetrate
resistance, closing 3/28/00
at $307.00. Technicals: MACD Index (MACD): A Buy Alert!
was given on Mar 28, 2000 when the solid line crossed the dotted line to the upside.
Support: Remains at $283.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Mar 24, 2000. A P&F upside
reversal takes place at $290.00. Summary: Technical indicators have turned bullish. BUY! JUNIPER NETWORKS
(JNPR-Nasdaq) @ $308 5/8 Stop: Use a protective stop of $304 7/8.
JUNIPER NETWORKS is currently trading @ $307.00 plus $30.56 on Mar 28, 2000. Price Objective:
$360.00. Risk/Reward: $3 3/4 VS. $51 3/8. Today's Risk Reward Ratio: 14:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$360.00
Risk/Reward:
$3 3/4 VS. $51 3/8
Risk/Reward Ratio:
14:1
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