TraderWise

Interestingly with so many stocks going from oversold to overbought in the span of 72 hours, F5 Networks (FFIV) is not among them.  While it barely suffered a scratch during the selloff the past few weeks, it has not really advanced much either.  Instead it has built a nice 5-6 week base between the mid $80s and low $90s.  Today is the first day it has breached $92.50 since early August and in a benign market I'd say this is a no brainer for a new leg up.  In *this* bipolar market - who can ever tell.