by John Lansing | November 15, 2010 10:37 am
Today’s chart of the day is a recap of Juniper Networks, Inc. (NYSE: JNPR).
Following a bad earnings report from Cisco Systems, Inc. (NASDAQ: CSCO), JNPR sold off, and we recommended JNPR $35 strike options. Those options are up 250% from Thursday morning.
JNPR is trading at three-year highs, and the chart is still bullish, but traders will want to exit at $37.95.
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