F5 Networks Spikes On Rumors Of Talks With Goldman For Possible Sale

F5 Networks, Inc. FFIV shares are trading higher by $14 at $124.04 in Tuesday's session. The catalyst for the sharp and sudden rally is that the company may be in talks with Goldman Sachs for a possible sale, according to Reuters.

It has now cleared its October high of $123.25, reaching $124.47. The next potential resistance points are its August 21 high ($126.82) and its August 20 high ($131.59).