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Re: michael03332002 post# 191

Friday, 12/08/2006 6:15:20 PM

Friday, December 08, 2006 6:15:20 PM

Post# of 1039
AKAM set another 52 Week High AGAIN TODAY!...

That makes two sessions in a row it's done that!...

The hourly chart shows the potential upside to the upper Bollinger Band is about $55.50 It consolidated in an uptrend all day today which is a very bullish chart pattern...It stayed above the 15SMA and most of the Technical Indicators are showing real strength except the MACD Histogram...IF the PPS takes off in rally mode Monday, the Histogram will have done a "kiss" up off the zero line which is great!...And the CCI will cross back up through the upper line which will be a Buy Signal to many traders that use that Indicator...



The daily chart shows the PPS above the upper BBand, which is usually not good...But remember that when a stock starts hitting new 52 Week Highs, it's got a lot of good stuff going on...Especially when the overall Market isn't doing the same...I don't see any Indicator on this chart signaling a pullback yet...Today's candlestick was almost a doji, but not quite...



The weekly chart shows the potential upside to the upper BBand sits at $59.11 and ALL of the Indicators are VERY Bullish...Look at the size of that big white candlestick for this week, which is another Bullish sign...



I'm not going to "predict" what AKAM will do next week, because that is really difficult to do with this stock as it's always full of surprises!...Overall, this stock looks VERY STRONG and it will always be one of my Favorites!...

Good Luck To ALL ;^))





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