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Thursday, September 10, 2009 

Stock Market Ideas for Friday - Juniper Networks and Level 3 Communications

( click to enlarge )

LVLT made a strong upside reversal today. The technical daily chart shows this is just the beginning of the rally as K line is now on top of D line. Although the stock is still weak as MACD is below 0 and the stock is below 50 day moving average, if LVLT can go up a few more days it will be back to bull market. There could be good upside in LVLT so watch the stock closely on Friday.

( click to enlarge )

JNPR moved with the tech rally on Thursday, as the stock closed up $.41 for the day. I'm watching JNPR on Friday, waiting for the stock to break July’s high of $26.97. Once the stock breaks through this high, we should see a strong upside move. This trade could have big upside, but it will be very volatile. JNPR will move quickly, so be ready for this move.

Other Stocks to Watch :

MNDO - MIND C.T.I., Ltd. ( Price Break Out )
INHX - Inhibitex Inc. ( Price Break Out )
LONG - eLong Inc. ( Price Break Out )
SHFL - Shuffle Master Inc. ( Price Break Out )
SMP - Standard Motor Products Inc ( Price Break Out )
SWKS - Skyworks Solutions Inc. ( Price Break Out )
PXLW - Pixelworks Inc ( Price Break Out )
TIII - Tii Network Technologies, Inc ( Price Break Out )
PSDV - pSivida Corp. ( Price Break Out )
JBSS - John B Sanfilippo & Son Inc. ( Price Break Out )

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 Folks. See you tomorrow...
Cheers!

AC

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LVLT should have a good run up. Deal with MSFT and the stimulus monies the gov is going to pass out.

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  • I'm a 43 year old Independent Trader using proprietary technical analysis with more than 18 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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