Tuesday, March 07, 2006

Networking Strength - JNPR, QCOM and FFIV

This is a 60 min. chart of JNPR. Notice how the consolidation is making its way towrds the accelerated trendline. We should see some action here tomorrow.

QCOM (daily chart) tried to break higher this morning but the negative market bias put a damper on it. Notice the big volume. This is institutional money.

FFIV (daily) has successfully retested its breakout point on a narrow range bar and looks good to move higher from here.

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