ffiv

[ninner]

this one could fall...im going to look at it closer tomorrow but unless im really tired...it seems to be pushing the lows with alot of volume...tells me it wants to go lower probably below 80....seems to be looking a little tired as well the last few sessions.

[New-born baby]

this one could fall...im going to look at it closer tomorrow but unless im really tired...it seems to be pushing the lows with alot of volume...tells me it wants to go lower probably below 80....seems to be looking a little tired as well the last few sessions.

Not in agreement with you just yet, Ninner. Look at this chart: in the last two horrible weeks of selling, FFIV made new highs. Yeah, she got chopped down for a day, but the high volume buying pushed her to new highs. I'd say FFIV is a short only if $80 breaks on volume. As long as $80 holds, she's bullish. In fact the target is $116.

The factor in your favor is that FFIV has gone up 4 weeks in a row, and may therefore get tired. But the chart is still bullish, imho. If you are looking for a day or swing trade, you could time it right for a few bucks South. But the chart is bullish.