Below is a chart mark-up of how we view the possible short-sale set-up in FFIV. We would prefer to see the stock rally up into the 120 price level or higher in order to short into this, but it may not, so if we did short this here we would keep in mind that it could rally up above 120 hence would keep a tight stop on the stock.
SSS - FFIV Possible H&S Short-Sale Set-up - Chart Mark-Up
|Published:||2 Mar 2011 16:33 ET|
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