One of my reversal strategies. Average win Rate 50 - 80%. Long 24.16 Stop Loss 23.63 Profit target at 2 times the stop loss. 25.25
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.
Juniper $JNPR recent July call accumulating, in $IGN , broke out of long weekly downtrend with RSI back over 50
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...
fundamental score 56 weekly overbought stochastics. Bearish divergence the usual. Top 3 favorite for shorting best set up with low fundamentals
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.