Oh yes!...Sorry, but charts don't lie...
They say it sure isn't bullish right now with 9 out of 10 of the Technical Indicators pointing down...
Who knows though...AKAM marches to a different drummer than the Overall Market, and it may just rally it's buns off next week...That's what I love about this one...It can move two dollars or more a day either way in a heartbeat...
Personally, I don't care which way it goes, because I just daytrade whichever way it goes during a session and sleep well at night not worrying about if it will get a downgrade before the open the next day...
I pretty much gave up taking long term positions on any stock these days except on or two biotechs that may pay off big someday when their Phase III trials are over...
I couldn't find the article I was looking for for you, but here's one you may find interesting...
http://www.investorshub.com/boards/read_msg.asp?message_id=14018274
Have a nice weekend IB ;^))
They say it sure isn't bullish right now with 9 out of 10 of the Technical Indicators pointing down...
Who knows though...AKAM marches to a different drummer than the Overall Market, and it may just rally it's buns off next week...That's what I love about this one...It can move two dollars or more a day either way in a heartbeat...
Personally, I don't care which way it goes, because I just daytrade whichever way it goes during a session and sleep well at night not worrying about if it will get a downgrade before the open the next day...
I pretty much gave up taking long term positions on any stock these days except on or two biotechs that may pay off big someday when their Phase III trials are over...
I couldn't find the article I was looking for for you, but here's one you may find interesting...
http://www.investorshub.com/boards/read_msg.asp?message_id=14018274
Have a nice weekend IB ;^))
Recent AKAM News
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