F5 Networks Inc.(NASDAQ:FFIV) is one of the leading networking stocks in the tech heavy Nasdaq 100. This stock is declining lower today by $3.35 to $100.06 a share. The stock will have some minor intra-day support around the $99.25 area and more around the $98. 50 area. Should the stock fail to hold these short term support levels this stock could see sharper declines.
F5 Networks, Inc. (NASDAQ:FFIV) is moving sharply higher again today, two weeks after reporting earnings that crushed the stock. The stock was trading in the $140.00 range, prior to earnings. After reporting results far below Wall Streets estimates, FFIV plunged to a low of $102.66. Since then, the stock has climbed sharply higher, especially over the last week.
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