F5 Networks technical notes before earnings news The stock has been trading in a sideways range bound largely by $110 at the low and $128 since January of this year. Those two bounds may help us understand where price could go following earnings news. If the news is bullish, the top of the range is likely to be tested. On a breakout above $128, next resistance levels to watch as potential upside objectives are at $130.86, $132.58, and $136.11 which is the 52-week high. If the news is bearish, the low of the range at $110 could be tested. This area has been strong support going back to May 2014. If there were a breakdown below it, price reactions could be stronger than average. Next supports to watch would be at $106.57, $99.26 and $97.16.