F5, Inc.
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FFIV - Cracking below the clouds

16
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Volume
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-increasing

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Price Action
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- Large engulfing bar, change of trend likely

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Technical Indicators
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- Ichimoku
>>> price below cloud
>>> Red kumo budding
>>> Tenken [Conv] + Chiku [lagging] - within clouds and pointing away
>>> Kijun [Base] - Below clouds and pointing away

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Oscillators
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- MACD turning bearish, crossed
- DMI bearish
- StochRSI, bearish

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Conclusion
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- short to long term breakout swing
- price may reverse at current level, to enter spot or wait for pullback at entry 2.

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