Another old name from the go-go (bubble) days of tech.  Previously we have highlighted BRCM (a successful trade) and more recently INTC.  Here is another survivor from 2000.

Juniper Networks (JNPR) is in a bullish stance by weekly chart with a post-spike consolidation flag down to support.  With MACD now back down to .27/.50 and RSI just above 50, the momentum indicators are still positive, but candidates to turn up now.  Weekly AROON is still Trend up but it too is near zero.

So I would like to see this flag break upward, using the green EMA 40 as support, below which a stop loss can be used to suit.


Buy:  24, or just above

Target:  29.50

Stop Loss:  As suits needs below 23.40

Please do your own due diligence on this or any other NFTRH+ idea.  The above is a technical setup only.  I may sell below target as I often do.  The target is a simple measurement of the pattern if support holds.