Don't Ignore This Chart!: F5 Networks Battles Resistance as Stochastic Oscillator Turns Down

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F5 Networks Battles Resistance as Stochastic Oscillator Turns Down

August 14, 2012 at 10:07 AM | written by Arthur Hill

F5 Networks (FFIV) surged to resistance in early August and then pulled back the last two days. Notice how the stock hit resistance in the 104 area twice in July and now once in August. The Stochastic Oscillator became overbought with a move above 80 and turned down with a move back below 80.

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