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StockCall Scrutinizes Juniper Networks, Riverbed Technology, Finisar, and Aruba Networks

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  Published in Science and Technology on Thursday, March 28th 2013 at 5:31 GMT by Market Wire
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StockCall Scrutinizes Juniper Networks, Riverbed Technology, Finisar, and Aruba Networks -- LONDON, March 28, 2013 /PRNewswire/ --

LONDON, March 28, 2013 /PRNewswire/ --

The U.S. economy has shown signs of a robust recovery since the start of this year. A great deal of economic uncertainty also ended at the start of this year after lawmakers signed a last-minute fiscal cliff deal. Improving economic outlook has boosted business confidence and this is likely to lead to higher technology spending. This augurs well for networking & communication devices manufacturers such as Juniper Networks Inc. (NYSE: [ JNPR ]), Riverbed Technology Inc. (NASDAQ: [ RVBD ]), Finisar Corporation (NASDAQ: [ FNSR ]), and Aruba Networks Inc. (NASDAQ: ARUN). Technology stocks ended on a mixed note on Wednesday as the broad market came under pressure amid worries over the Eurozone debt crisis. StockCall reviewed the Networking & Communication Devices industry and chose JNPR, RVBD, FNSR, and ARUN for its technical coverage. These free reports can be seen for free at

[ http://www.stockcall.com/signup ]

Shares of Juniper Networks Inc. edged higher in Wednesday's trading session; however, the gains were limited. The stock rose to an intra-day high of $18.79 before finishing the day 0.11% higher at $18.67. Juniper's shares have struggled over the past one month, falling 8.75%. However, the stock seems to have found support at around $18.50. Year-to-date, the stock is now down more than 5%. The stock's MACD is still trading well below the signal line and the zero-line, which is strong bearish signal. Download the free research on JNPR by signing up now at

[ http://www.StockCall.com/JNPR032813.pdf ]

Shares of Riverbed Technology Inc. rose sharply in yesterday's trading session, extending their gains from previous sessions. The stock closed 1.50% higher at $14.91, taking its gains in the last three sessions to over 2.30%. Despite recent gains, Riverbed Technology shares have fallen more than 24% this year. The stock is currently trading well below its 50-day and 200-day moving averages, which is a strong bearish signal. The company's shares currently face stiff resistance at around $15. Register for today's free analysis on RVBD at

[ http://www.StockCall.com/RVBD032813.pdf ]

Finisar Corporation shares edged lower in trading on Wednesday, extending their losses from previous trading sessions. The stock closed 0.37% lower at $13.30 after touching an intra-day low of $13.01. Finisar's shares have fallen more than 1% in the last three sessions. The stock is currently trading more than 35% below its 52-week high of $20.54. Year-to-date, its shares have now fallen more than 18%. The stock is also trading below its 50-day and 200-day moving averages. The stock's MACD is currently trading below the signal line and the zero-line, which is a bearish signal. Free report on FNSR can be accessed by registering at

[ http://www.StockCall.com/FNSR032813.pdf ] 

Aruba Networks Inc.'s shares struggled in trading on Wednesday. The stock closed 1.09% lower at $25.43 paring most of its gains for the week. The stock is now up just 0.79% for the week. Aruba's shares have had an excellent run so far in 2013, gaining more than 22.60%. However, the stock has traded sideways over the past one month, struggling to break through $26 resistance level. Its shares currently have strong support at around $25. The stock is trading well above its 50-day and 200-day moving averages. Register with StockCall and download the research on ARUN for free at

[ http://www.StockCall.com/ARUN032813.pdf ]

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