Keep an eye on this pattern ----FFIV

Discussion in 'Stocks' started by NY_HOOD, Oct 10, 2012.

  1. NY_HOOD

    NY_HOOD

    FFIV has been forming a nice bottoming pattern. i would put in a stop just under 100 at 99.45. you could get a quick 7 points. as always, technical analysis is not an exact science but this pattern looks good thus far.
     
  2. NY_HOOD

    NY_HOOD

    i see it broke through my price point. lets see where it closes the volume looks a bit heavy so be careful until we get more clarity.
     
  3. TA is nonsense.
     
  4. Handle123

    Handle123

    I don't see this at all, lower highs/lows to me means going down. Most bottom patterns don't have gaps. I wouldn't be surprised if it broke the lows set in July.