Intel earnings have created a change in sentiment, the positive commentary on Data center spending was surprising,Juniper competitor ANET reported a major cut in spending in its last report so maybe the tides are turning.
The stock is making a series of higher lows and higher highs.
RSI and Stochastic are rising.
Wise entry would be on break from the current...
Our attention has turned to this networking company due to the heavy call buying action with a $30.50 strike expiring on the 26th April. Someone sees a pop on earnings coming, price indicators and buy volume have also created a very positive outlook.
I snagged this company randomly as I smashed letters on my key-bored. I have not googled this company and know nothing fundamentally. I am breaking it down. I see the short opportunity, a simple trend continuation. Strong rejection from the 55,200 EMAs. I see MACD as a continuation confirmation. I would be looking to get out at the first sign of support....
Write sometning about your psyhology thinking before trade? I am sleepy and I don't have peace in my trading room in the afthernoon
Describe the trade. What you see? price will advnade to the upper band of this levels
What have I done well for this trade? The enter point was recognise as good, the doji candel make sense
What can I take away to help with later...
JNPR has a very strong bottom trend line since 2012 rising up and has tapped it 6 times. Long it on a retest of the line and confirm it can hold it profit target being the .50 on the fib. Problem of course is the market at the moment may invalidate the trade and cause it to break underneath.
Juniper Networks, Inc. engages in the design, development, and sale of products and services for high-performance networks. Its products address network requirements for global service provides, cloud providers, national governments, research and public sector organizations, and other enterprises. The company was founded by Pradeep S. Sindhu on February 6, 1996 and is headquartered in Sunnyvale, CA.
JNPR
