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Stock Picks For Thursday: EarthLink And Juniper Networks

By Antonio Costa on September 17, 2009 | More Posts By Antonio Costa | Author's Website

( click to enlarge )

EarthLink (ELNK) had a strong day and broke through its resistance line. The volume confirmed the breakout, as it was greater than average. With technical chart showing strength as MACD is above signal and K line above D line , we could see the stock keep going up. Next resistance is at $9.52.

( click to enlarge )

Juniper Networks (JNPR) broke through resistance at $27.01 accompanied with volume. We should be able to see some decent upside movement for the bulls here. This stock should run to at least $28.17 ( Oblique Major resistance ). On the technical side, the chart looks very good here and I expect a continuation of the upward movement.

Other Stocks to Watch :

COMS - 3Com Corporation ( Bullish Engulfing )
MCO - Moody’s Corp ( Bullish Engulfing )
IVZ - INVESCO LTD ( Bullish Engulfing )
TYC - TYCO INTL LTD ( Bullish Engulfing )
PAYX - Paychex, Inc. ( Bullish Engulfing )
ALD - Allied Capital Corp ( Bullish Engulfing )
CTXS - Citrix Systems, Inc. ( Bullish Engulfing )
K - KELLOGG CO ( Bullish Engulfing )
SNPS - Synopsys, Inc. ( Bullish Engulfing )
NITE - Knight Capital Inc ( Bullish Engulfing )
OMC - OMNICOM GROUP INC ( Bullish Engulfing )
PDCO - Patterson Co ( Bullish Engulfing )
ROST - Ross Stores, Inc. ( Bullish Engulfing )
FCEL - FuelCell Energy, Inc. ( Bullish Engulfing )
ACM - Aecom Technology Corp ( Bullish Engulfing )
HEV - Enerl Inc ( Bullish Engulfing )
SNI - SCRIPPS NETWORKS INT ( Bullish Engulfing )
LHCG - LHC Group ( Bullish Engulfing )
MCRS - MICROS Systems, Inc. ( Bullish Engulfing )
UTIW - UTI Worldwide Inc ( Bullish Engulfing )

Disclaimer: Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical examples.

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