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Watch for Juniper Networks to Potentially Rebound After Falling 3.15% Yesterday
[April 05, 2013]

Watch for Juniper Networks to Potentially Rebound After Falling 3.15% Yesterday

Apr 05, 2013 (SmarTrend(R) News Watch via COMTEX) -- Juniper Networks (NASDAQ:JNPR) traded in a range yesterday that spanned from a low of $16.75 to a high of $17.65. Yesterday, the shares fell 3.1%, which took the trading range below the 3-day low of $17.93 on volume of 13.0 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

SmarTrend recommended that its subscribers protect gains by selling shares of Juniper Networks on February 26th, 2013 by issuing a Downtrend alert when the shares were trading at $20.55. Since that call, shares of Juniper Networks have fallen 11.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Over the past year, Juniper Networks has traded in a range of $14.01 to $33.11 and is now at $17.56, 25% above that low. The 200-day and 50-day moving averages have moved 0.21% higher and 1.15% lower over the past week, respectively.

Write to Chip Brian at --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

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