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$FFIV Smoked On Earnings, Here Is The Bounce Level

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This article is published in collaboration with Scutify, where you can find real-time markets and stock commentary from Robert Marcin, Cody Willard and others. Download the Scutify iOS App, the Scutify Android App or visit Scutify.com.

t was not a great earnings report from F5 Networks, Inc. (NASDAQ:FFIV). That may be an understatement. The stock is dropping sharply in pre-market action, falling nearly 10%. Investors looking for a technical chart buy level can find it at $119.75. This is a gap fill, major support price. Based on this, the stock should bounce nicely higher for a day trade or a 24 hour swing trade. This is a quick technical chart trade, NOT a long term investment.

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F5 Networks, Inc. falls on earnings, stock chart buy here


This article was written by Markus Teller for on .

This article published in collaboration with Scutify, the best app for traders and investors. Download the Scutify iOS App, the Scutify Android App or visit Scutify.com.

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