F5 Ready to Take Flight

02/04/2009 11:22 am EST


F5 Networks, Inc. (FFIV) is a network-based applications company whose stock fell from more than $46 in August 2007, but now appears to have formed a solid platform from which to launch an attack on the August 2008 high at just above $34.

A breakout from a triangle with resistance at $25 should launch a move higher. This high-tech name is listed as one of "Forbes' 25 Hottest Tech Stocks."

By Sam Collins of OptionsZone.com

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