Stock Picks and Trade Ideas for Friday - TOL, JNPR, LDK,
Chart courtesy of stockcharts ( click to enlarge )LDK - As the near-term trend does not appear bullish, there is no reason to invest in this stock now. Fresh exposures may be considered once the stock stabilises and gets into an upward trending mode. Since the stock is still on a down trend with MACD below 0 there is no reason for the long player to buy the stock. Only a close above $18.75 would have positive implications in the near-term.
JNPR is exhibiting signs of bearish divergence. Both RSI and MACD registered a lower high. Go long at any close above $20.
TOL - Technically, the chart shows a bearish picture for stock with MACD and KD showing weak signal as MACD is below 0 and K line is dropping below D line. The stock has a strong support at $17 but any close below this level could start a new sell off.
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. See you tomorrow !!!
AC
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. See you tomorrow !!!
AC
