AKAM-Akamai closed at ANOTHER 52 Week High today!...
That makes SIX days in a row it's done THAT!...
Just look at that Nice BIG green candlestick it formed today...Volume picked up like it's supposed to...CMF Money Flow, OBV, and Accumulation are gang busters...CCI is surprisingly weak...RSI is in the "power zone" above 70...The ADX is breaking up through 20 as the DMI's diverge to the bullish side...Stochastics show Overbought, but I'm throwing that one out at this time, as usual...The MACD is gang busters UP!...Volume is GREAT!...VERY Bullish IMHO...
Another perspective on a daily chart shows the 3 Money Technical Indicators: CMF Money Flow, OBV, and Accumulation are screaming up!...The RSI is breaking above 70 into the "power zone"...CCI???...The upper BBand is saying the potential upside to this move is $57.34...The ADX is confirmed on this chart like the previous one...Stochastics and W%R say it could still go up to 100...The MACD is gang busters!...Aroon green hasn't downticked yet, as the red one is...
The weekly chart shows the potential upside to this move at the upper BBand at $60.37!!!...I posted news today from one analyst that put AKAM's new price target at $60.00 so, we'll see...lol
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