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View Full Version : AKAM is looking downtrend.


Casey Biggs
11-18-2008, 10:51 AM
Hi

If we assess the fundamental news of AKAM then we can realize that AKAM has completed its acquisition of acerno, a privately held company based in New York. So, it may impact the current quartet’s revenue negatively.

Considering this reason I would like to short this stock for mid term.

Thanks

Bolimomo
11-18-2008, 06:32 PM
I have lost track of Akamai since the Dotcom days. I am surprised that it is still in business as many don't!

OptionsPlease
11-18-2008, 09:12 PM
http://img515.imageshack.us/img515/6716/akamkm0.png (http://imageshack.us)
http://img515.imageshack.us/img515/akamkm0.png/1/w620.png (http://g.imageshack.us/img515/akamkm0.png/1/)

Casey Biggs
11-19-2008, 09:55 AM
Still now there is an opportunity to have this stock as SHORT.

Look, MACD signal lines are crossing each other. They are confirming more downtrend.

Thanks

Casey Biggs
11-25-2008, 10:06 AM
Hi

AKAM is ready for another downtrend. If you want to get it as short you may go for it.

If you look at the daily chart then you may get this opinion as well.

So, I would like to get it short as well.

Thanks