Juniper Networks, Inc. (JNPR): Last Night's Post Market Trade of the Day

Click on chart for a larger image with comments - See detailed Arguments below

Multiple Arguments:

• News   
• Negative news supporting the big flush down.
• "JNPR Q2 RESULTS LOWER THAN ANALYSTS EXP. GUIDANCE BELOW THE STREET"
• Post Market level II Traps
• Clearly visible refreshing seller trying to make the bid look strong the whole way down
  
• Momentum- Trend
  
• Good partial overnight flow through to next day.
• We get more news of a record (8) downgrades by analysts after the big earnings disappointment, as JNPR remains pushed down by EMAs.
• Tradabilty:
• Defined, manageable, 1-2 point risk, $2-$3 reward
• Violation of  key daily support level
• Compression at $28.05 on EMA Daily Avg 
• Broke 200 day key levels
• Lower lows, signals an enter short.
• Overnight Caidate
• with the big miss you typically have analyst chiming in the next day, in this case a record 8 were off significantly on their targets
  
 

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