As discussed in last night's watch list, we were looking for FFIV to pullback to the $50.00 area which it did on the open. After testing the $50.25 -$50.50 area for most of the morning, I decided to get long for a potential gap fill. The gap was not entirely filled, but I was able to grab almost a full point by this afternoon's close.
Wednesday, June 28, 2006
Trade of the Day - F5 Networks Inc. NASDAQ: FFIV
As discussed in last night's watch list, we were looking for FFIV to pullback to the $50.00 area which it did on the open. After testing the $50.25 -$50.50 area for most of the morning, I decided to get long for a potential gap fill. The gap was not entirely filled, but I was able to grab almost a full point by this afternoon's close.
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1 comment:
Not just yet, but maybe after 2:15 pm EST tomorrow :_(
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