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Re: PowerPole post# 177

Monday, 12/04/2006 8:27:56 AM

Monday, December 04, 2006 8:27:56 AM

Post# of 1046
AKAM set a "Second Low" on a closing basis...

On it's daily chart on last Friday...Which could signal another move to the upside and present us with a good Swing Trade Entry to go Long...

The hourly chart shows the PPS is at the lower Bollinger Band with a SAR and upper BBand price target of about $49.00



The daily chart shows that Friday's close was just above Monday's close of $47.62 but most of the Technical Indicators are downticking, and the average daily Volume is decreasing...



Maybe today's "Outperform" rating that was initiated by Cowen & Co. will be the catalyst for a good entry on a Swing Trade using my "Second Low" theory...

Good Luck To ALL ;^))




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