BBTrader29

AKAM BEARISH CANDLESTICK

Short
BBTrader29 Updated   
NASDAQ:AKAM   Akamai Technologies, Inc.
AKAM has formed a bearish shooting star candle stick on the weekly chart. This candle stick has a very long wick, meaning buyers couldn't hold and price was driven way down, showing sellers may be in control over the next week or so. Also stochastics are overbought as well. Aiming for a pullback to some minor support at $74 for a %7 gain to the short side.
Trade closed: target reached
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