Trade Ideas for Tuesday - BIDU, JNPR, RIMM
RIMM could go either way, it's really dificullt to predict next movement on RIMM, but based on today volume, I'm going to favor an upside breakout of its 20 dma.
BIDU showed up on a momentum scan and it looks like it wants to push higher after all this consolidation. First target is $350.
Looks like JNPR is resuming its downtrend at this point. The momentum is bearish, however stock has a good support in the $30.00 area.
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. Have a nice evening !!!
AC
