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Technology Stocks : F5 Networks, Inc. (FFIV)
FFIV 256.91-0.8%Dec 19 9:30 AM EST
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To: CrazyTrain who wrote (1191)7/27/2000 10:37:09 AM
From: gloff  Read Replies (1) of 1801
 
44.52 is the 50 DMA on FFIV. I expect near here is the new floor on this stock.
The 50 DMA on the Nasdaq is 3843 and I expect that near here the Nasdaq will find some near-term support, but I worry about the gap that opened at 3590 and, intermediate term, would not be surprised if that gap is closed.
I maxed out my position on FFIV this morning and am in at 46. Expect the next move up to take us to the 60-65 area.
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