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Sunday, July 22, 2007 

Taser , Juniper Networks, First Solar , JDS Uniphase - Here are some trade Ideas for Monday


Chart courtesy of stockcharts

The latest chart and sentiment surrounding the stock appears to be hesitant due to the incredible performance of the stock recently. Investors should look for flat trading in the near-term with a possibility of testing lower prices before moving higher. A close below 105$ could be a bad sign for stock.

Chart courtesy of stockcharts

JDS Uniphase stock appears to be slightly overbought right now and may see some profit taking. Support 15$.

Chart courtesy of stockcharts

Since middle of March Juniper Networks has been one of the most amazing stock runs. It quickly moves from about $17 per share to a little over $30 per share in just few months. Stock is overbought right now and may be preparing a pause for a slightly Pull Back, I suppose.

Chart courtesy of stockcharts

Taser shares since May are making consistent steps upward. Indicators such as RSI and MACD still showing strong confidence and optimism in stock.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical examples.

That's All for today, have a nice weekend !!!

AC

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  • I'm a 48 year old Independent Trader using proprietary technical analysis with more than 20 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

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