Juniper Networks (JNPR) NewsBite - JNPR Is On the Move

Posted on Friday, September 05, 2008 1:50 PM
Juniper Networks (JNPR) appears to be on the move today and is now at $24.24, up $0.64 (2.71%) on volume of 9,806,678 shares traded. Over the last 52 weeks the stock has ranged from a low of $20.79 in July to a high of $37.95 in October. Juniper Networks stock has been showing support around $23.09 and resistance in the $24.59 range. Technical indicators for the stock are neutral and S&P gives JNPR a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on JNPR the stock seems like it could be a candidate for a September out-of-the-money bull-put credit spread below the 23 range. [ABR-Seven Summits Strategic Investments NewsBite]
Stocks To Watch Today: FCX, HAL, ISRG, MRVL, HMC, CEG, GENZ, LMT, WYNN, BNI (Click Symbol For Latest News)

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