Stocks to Watch for Tuesday 2/10/09
Juniper Networks (JNPR) – Short @ $15.56 with a Stop @ $16.20 and a Target of $14.00
JNPR gapped down to it’s November lows last week and has been extremely week relative to the overall market. Unless the stock can move up above the prior swing high then the downtrend should continue and more than likey break down to new lows.

Electronic Arts (ERTS) – Short @ $18.45 with a Stop @ $19.15 and a Target of $15.00
Just like JNPR, ERTS is showing a lot of relative weakness. Today’s trading formed a lower high which should bring on some selling pressure and drive the stock lower.

Filed Under: Stocks to Watch







