FFIV has a nice uptrend with reasonable pullbacks. Now testing a major resistance around $225 round. This would be a good spot to take some/all profits.
It is PROBABLE that we consolidate before earnings. It is POSSIBLE that we have found a top for a while. It PLAUSIBLE to get a Break-n-Retest entry above.
$ 225.00 - 225.97 is the exact barrier to watch. $ 217.35 is the immediate barrier of interest. $ 205.77 is the first good support below to hold.
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Trade active
POP!
10% gains os far on break out trade.
75% of scalp trade closed for 10% gains.
Letting the rest ride with a trailing stop.
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