F1FI34 trade ideas
FFIVVery strong Stock. The new historical maximum, as well as the growth of the market give an occasion to open a long position.The technology sector shows good performance
Buy Signal for F5 NetworksMoneyHour$-Breather signals a Buy for FFIV - always use a Stop Loss with 8% and wait for Sell signal of my Breather
My Market Breadth calculation shows a positive (green) environment
5th Wave Extension?This count may be way off, but there should be a HUGE breakout to the upside once we finish this consolidation.
FFIV Trend Reversal? Trading Plan
- Entry Rule; Reversal pattern, bullish candle the if open price higher than previous day close $100.5
- Stop loss, half of the previous day price range $99.50
- Target Price 105.43, previous high
- Reward to Risk ratio 5.41
FFIV setting up for a fallIndicators have been trending down but price action has not followed. Inside period on weekly chart must be watched. A break to downside could ignite the powder keg. Earning next week also need to be watched. A small miss could also accelerate the downside movement.
Long is not advisable until after earnings, Short is a good risk reward ratio now. I've purchased Nov 20 OTM Put contracts for maximum leverage with min risk.
FFIV cup I would go long on a breakout here, but handle may form. Projection is based on the base of cup extended forward.
FFIV is now $119.85 and has entered the target price zone. FFIV is now $119.98 and has entered the target price zone. Great High Probablity setup trade
FFIV Keeps Trucking AlongStock looks even better today, fought off poor cisco earnings, currently above 200dma resistance on good volume but needs to close above, next target is 50dma at $87.19, December target $90 and then short as this stock is still in long term downtrend, rising MACD and RSI, plus 8 ema about to cross 21 ema on good volume is all very bullish, pullbacks should be bought
