F5, Inc. is an American company that specializes in application delivery networking, multi-cloud management, application security, and online fraud prevention. This stock has a really good relative strength against its sector, the quotient with $AMEX:IGN confirms that.
Recent price action shows an island reversal pattern, downward and upward gaps around $200 and $194. This pattern often has throwbacks and it already happened tested the 50-day MA and rebounded. Now, its trying to make an early breakout with low volume. The thing is that is giving bullish signs that it could make the real breakout above the $215 zone. Today could be good to add a small percentage of the position and then add the rest when the breakout above $215 happens.
Recent price action shows an island reversal pattern, downward and upward gaps around $200 and $194. This pattern often has throwbacks and it already happened tested the 50-day MA and rebounded. Now, its trying to make an early breakout with low volume. The thing is that is giving bullish signs that it could make the real breakout above the $215 zone. Today could be good to add a small percentage of the position and then add the rest when the breakout above $215 happens.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.