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Technology Stocks : F5 Networks, Inc. (FFIV) -- Ignore unavailable to you. Want to Upgrade?

To: gloff who wrote (1155)	7/24/2000 2:34:22 PM
From: hamsandwich	Read Replies (1) \| Respond to of 1801

Those are interesting similarities in the chart. I'm not much at reading charts / TA, but a post-earnings 60% would put FFIV in the 64 - 70 range, which looks to be pushing the upper boundaries of the ascending trading range (using tops of around May 15, June 7 and 28). A break of that range would be decidedly bullish and would make me a happy man. (It doesn't take much.) Similarly, an earnings miss or sell-the-news reaction could put this stock into another downward spiral. It looks like FFIV has another 15% or so of breathing room before touching the bottom end of the trading range. If I am off on either of these chart reads, please let me know, as I am trying to improve in the TA arena. I also don't know much about EWaves, but the fall from early March to the low in early May looks like 5 waves down to me. Any thoughts from others who know more about reading the waves than me? TIA, ham