Possible stop below C. Earnings 11-2 after market close.
I have looked at this stock on several occasions over the last few years. It does seem to struggle, yet they they have not missed earnings in eons. Short interest is a bit over 6% but is always higher than I would think it would be for AKAM. I looked back over many years and at one time the high was...
Potential 2Down 2Up Weekly Reversal For AKAM : Per the Strat, this week I'm watching ticker AKAM (Akami Technologies Inc) for a weekly entry trigger at 110.31 (last weeks high). If that trigger is met, I'll look for it to reach a magnitude of 112.67 (week before last weeks high). If it can reach magnitude, then it could also continue up to previous highs. Just...
Stock held really well even on a bad day which shows strength. So with any rebound on the Nasdaq this will probably run higher.
Stop will be right below 50day moving average.
Description: AKAM is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position.
Stats:
1. Ideal buy range: $109.8 - $113.1
2. Take profit: $121.17
3. Stop Loss: $107.62
4. Risk To Reward: 1 / 3
5. Accuracy Rating: 93%
Fractal on the 5 min. Several stocks seem to be looking to head up higher. What can I say sometimes the stars align. The more fractals I see the more convinced I become that the overall market is heading up.
Pattern recognized: Irregular flat Elliot Correction Wave.
Thesis: Bullish sentiment.
Conclusions: LDC on the lower time frame. Entry for calls.
***This does not constitute financial advice.***
AKAM is one of the few companies in its sector that is consistently profitable. It is trading 25% below its ATH and at a modest 29 P/E compared to its 5y Avg of 34 P/E. While its P/B is currently at 4 compared to its 5y Avg of 3.6, it is still at a discount for a solid company. Its earnings are expected to grow by 10% over the next year and considering it is...
no confirmation = no trade
no profit margin = no trade
must get a confirmation on LTF
Either 15M Timeframe or 10M or 5M
we must get a change of trend on those timeframes like price coming into the zone with LL/LH and we need HH/HL To come in!
that's how i enter 99% of my trades
Has just broken neckline, but a confirmed uptrend is not in place..
Head - 94.12
LS - 100.7
RS - 100.70
It is preferrable to some to have the RS higher than the LS. Some say it makes no difference.
NV and OBV are high. AKAM fell from a bearish rising wedge and appears to have recovered. I was watching down there..lol..just waiting on it to fall out far...
Also very close to a Bullish Butterfly Pattern..
AKAM was tangled up in a rising wedge during it's stay in the symmetrical triangle. It has fallen from the bearish rising wedge and seems to have recovered. Broke up from the S Triangle pattern. A S Triangle can break either way and is usually a continuation pattern and a period of consolidation.
Earnings are...
Despite the bear Flag and rising wedge, I am still watching this one. AKAM broke bottom trendline of rising wedge today. Rising wedges are bearish as a rule and are not valid until bottom trendline is broken. There is a lack of healthy pull backs, with missing touches to bottom trendline, and it interrupts supply and demand. I do not buy a stock inside of a...
I set the bollinger bands on a 3 standard deviation with a 80 SMA ..if price falls out of this then as a rule, selling pressure is very strong.
Unfortunately AKAM got off the bottom and ended up in a small rising narrowing wedge..if and when it breaks bottom trendline of that RW, I will go long.
Possible Head and shoulders top..
Supply and demand are what makes...
