Yesterday I took a day trade off a day trading cloud breakout strategy on JNPR. When price closed below the cloud and setup a pivot I set an alert for a break of that pivot low to trigger a breakout short strategy. Since jumping into options when price is moving is a recipe for getting terrible fills I have to wait for a pullback. The pullback comes when price...
Well I've had my eye on this for a couple weeks now, and will be looking to enter short through options to limit my risk and increase the leverage of the position. This weeks candle closed as a pinbar / bullish hammer showing that we might have a pullback to retest resistance around the $27.00 / $28.00 area. If we get a pullback I will be waiting for bearish price...
I'm going to copy and paste a rough article by Barron's on the company. I've done further research on the company and I like what I see, and makes sense with the technical entries I'm looking for also.
Barrons
Juniper Networks ( JNPR ), up 20% this year, sells telecom equipment. It’s in the early stages of a cyclical rebound after a pullback in spending a...
according to the weekly chart, this stock had pulled back and looks like it will bounce to the upside. However, on the fundamental side, earnings were worse than expected. This could affect stock performance.
200 dma bounce and support, weekly looks good may be worth a longer term trade…..technically suggest checking the fundamentals to insure earnings growth
