Long Trade: Akamai (AKAM) Stock
Posted on October 28th, 2007 in Long Trade |
Entered into wild Akamai Technologies (AKAM) the stream infrastructure company. AKAM was recently beaten down hard on 7/26 because of weaker earnings but now it has recovered and showed a sign of strength on 10/2 and on 10/25. I got in at $37.70 and my first target is $42 and second target of $46. I really want to see this close into the lower green up trend line.
One Response
[...] is still looking good (original entry at $37.70) price is just consolidating and volume is lighten up which is positive. This needs to break above [...]