OptionsPlay Bulletins

The bullish DailyPlay we chose for Tuesday July 12th is F5 Networks (FFIV). FFIV is part of the Technology Sector (XLK). Over the last month, XLK has experienced a 0.69% move higher and it’s 1m and 6m trend turned bullish on 6/30 and recently broke above its $44 resistance level.

F5 Networks’s 1m and 6m trends turned bullish on 7/8 and recently broke above its $114 resistance level on high volume. With a technical score of 8 (out of 10), FFIV looks positioned to continue this strong bullish trend higher.

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