Juniper Networks Inc. Stock Code JNPR.NYS
Outlook
Price broke above the cloud 2 days ago and yesterday, price maintained above the cloud and closed the day above the cloud for a second consecutive day. Both Conversion and Base lines had a bullish crossover earlier and Conversion line has a steep and positive gradient, hinting of a strong bullish trend. Lagging line is above price of 26 periods ago but is currently still below the cloud. The cloud where Lagging Span is currently located is thin and it should be easy for Lagging Span to cross over the cloud if price continues to move higher. MACD is bullish and is moving higher. MACD is indicating there could be more price upside movement. Going by the Ichimoku V shaped price projection, we get a price target of $$29.94
Strategy
$23.00 Buy
$26.89 Price Target
$21.30 Risk Management Stop
3 weeks Trade Duration
Novartis Ag Stock Code NVS.NYS
Outlook
Since price broke above the cloud 2 days ago, price managed to maintain above the cloud and closed the day above the cloud for a second consecutive day. Both Conversion and Base lines had a bullish crossover earlier and Conversion line has a steep and positive gradient, hinting of a strong bullish trend. Lagging line is above price of 26 periods ago but is currently still below the cloud. The cloud where Lagging Span is currently located is thin and it should be easy for Lagging Span to cross over the cloud if price continues to move higher. MACD is bullish and is moving higher. MACD is indicating there could be more price upside movement. Going by the Ichimoku V shaped price projection, we get a price target of $$106.26.
Strategy
$89.50 Buy
$97.65 Price Target
$84.30 Risk Management Stop
3 weeks Trade Duration
