NASDAQ:AKAM and NYSE:THO I took three weeks ago.
I have checked my signals in thinkorswim every morning diligently at 10:00am. That's my job. I have not found a single trade that fit my rules to take bullish since September 17th! My two that I took on that date were NASDAQ:AKAM and NYSE:THO . AKAM and THO both pulled a 3:1 on 75% of my positions, AKAM's...
AKAM is showing compressing price action as it shifts sideways after Buybacks move price upward. Flow of Funds indicates continuing Dark Pool Quiet Rotation™ as price rises.
this play is a slower mover but it pulled back and turned the resistance into support we are going to trail the trade using the 8SMA and add to it through 73.26
We have seen AKAM in an uptrend for almost a year. Important price level/supply zone at around 78.00-78.40 seems to still have an important role.
Of course this needs to be confirmed on lower timeframes and last higher low needs to be broken first.
Is used by Netflix, HBO, Hulu basically most IPTV providers. They are also the primary CDN provider for Netflix. With the increase of internet video consumption and the news around Streaming TV. There should be quite bit of hype that will allow us to ride Akamai. \u2028\u2028It also seems to be reacting better to the overall market movement with shallower dips and...
Akamai technologies AKAM: slowstoch is oversold and 2 days ago the stock formed a pin bar.
Slowstochastic is bounced on the oversold zone: pin bar is a good signal for reversing the trend.
Stock strenght is above 63.
Watch the stock and lets see on lower timeframes if there is a entry signal (for example at 4h TF).
Disclaimer:
This is just my tought: don't invest...
We see akam making a return getting in around $55.6 with TP: anywhere above 60 in short term and 65 in medium also an interesting prospect for future please comment your oppinions...
I also did a company evaluation and tech analysis ,but with reason not showing my full analysis... Have a look I think there might be something... If you do take them let me know how...
