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.
Strong hints of a great earnings report for AKAM , in the sweet spot of many sectors, growth has and will continue to be amazing. The stock is currently breaking out prior to earnings and with customers such as Microsoft , a bright future is ahead.
Akamai Technologies, Inc. engages in the provision of cloud services for delivering, optimizing...
Akamai Technologies Inc. reports earnings today with a solid start to a bottoming formation with Dark Pools' and then Pro traders’ footprints. The stock is currently at a completion level for the short term bottom. A Shift of Sentiment™ pattern formed between October and January. AKAM moved lower before finding the final low support from a previous Dark Pool Buy...
The Akamai network has an inherent advantage running a distributed ledger in blockchain per JPMorgan 11.9.18 article.
Currently has shown trend of large spike investment last 3 quarters and in 1w chart shows near CCI entry, while day chart is not indicating same. Watching.
IBM is the largest patent filer in blockchain technologies, however has never...
AKAM on the daily chart has formed a bullish harmani, complimented with extremely oversold stochastics and a crossover of the lower Bollinger band, which is signaling a potential reversal to the upside. Based on the range I expect a target of $74-$76
NASDAQ:AKAM is currently moving upwards to the previous resistance and will most likely move to the downside from this point. However, for this idea to be valid, previous higher low needs to be broken otherwise the price can easily to up :)