F5 Networks (FFIV) Downgrade Alert, Watch for 21.1% Technical Uptrend Reversal
Friday, March 19, 2010 - 09:14
Written on Fri, 03/19/2010 - 9:14am
By Chip Brian

F5 Networks (NASDAQ:FFIV) downgraded to Neutral from Buy, $65 target, at BofA/Merrill. The stock closed yesterday at $64.31 on volume of 827,205 shares, below average daily volume of 1,260,815.
F5 Networks is currently above its 50-day moving average of $54.90 and above its 200-day moving average of $44.43.
SmarTrend is bullish on shares of FFIV and our subscribers received an Uptrend alert on February 12, 2010 at $53.09, which has returned 21.1% to date.

Keywords: Stock Alerts price trends technical analysis charting uptrend downtrend stock charts

Ticker(s): FFIV

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