Tech High-Fliers Getting Smacked Today (FFIV, NFLX, OPEN)


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


Some big momentum names in the tech space are getting walloped today despite strength in the broader market.Shares of F5 Networks (NASDAQ: FFIV) are lower by $4.08, or 2.93%, to $134.98. Salesforce.com (NYSE: CRM) is lower by $4.28, or 2.97%, to $139.60. Netflix (NASDAQ: NFLX) is showing weakness once again, down $4.83, or 2.63%, to $178.97. Finally, OpenTable (NASDAQ: OPEN) is down $2.97, or 4.09%, to $69.59.These high-fliers have been leaders during the market's strong rally that began in the fall. Perhaps the weakness in these names is presaging further downward moves for the rest of the market.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: Intraday UpdateMovers