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


To: StormRider who wrote (1185)7/26/2000 12:03:37 PM
From: gloff  Read Replies (1) | Respond to of 1801
 
A move above 44 in FFIV will establish a successful retest of the 50 Day Moving Average (DMA). Stochastic crossover indicates this is a probability. Further the Nasdaq is retesting both 200 and 50 DMA and stochastic similarly indicates successful retest. This comes as brokerages following FFIV are reiterating buys (timing no coincidence) and after a positive quarterly report. This in a climate of a neutral Fed. I anticipate the minimum near-term move will be to between 60 and 65 in F-5 stock.