Channel surfing in F5 Networks

I was reviewing some charts today in several stocks that I have been trading/stalking this week. One pattern that stood out to me was the channel that has developed in $FFIV since June (on the 100 day Daily chart).

It appears that folks have been channel surfing this summer:

Use this pattern as your guide for entry and exit for shorter term trades until it can break out – one way or the other.

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