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Technology Stocks : Juniper Networks - JNPR
JNPR 39.950.0%Jul 2 5:00 PM EST

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To: Ibexx who wrote (2085)1/22/2001 8:03:36 PM
From: Spytrdr  Read Replies (1) of 3350
 
well, that's the way it is in this business.
you have to make an educated guess and then bet.
because if you wait til everything is perfectly obvious to everyone, it's either too late to profit from it or the big gains were already made.
this stock has been making lower low after lower low, and is now below the 200, the 50 and the 20-emas.
if that doesn't confirm a downtrend, what does?

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<<It's way too premature to call it H&S.
1. The right shoulder is not even formed. And even it is, you would need to break the shoulder line to confirm a downtrend.>>
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