When Akamai Technologies (AKAM) Moves Investors should Listen

Longer Term Trading Plans for AKAM
  • Buy AKAM slightly over 72.42 target 81.34 stop loss @ 72.21 Details
  • The technical summary data tells us to buy AKAM near 72.42 with an upside target of 81.34. This data also tells us to set a stop loss @ 72.21 to protect against excessive loss in case the stock begins to move against the trade. 72.42 is the first level of support below 75.17 , and by rule, any test of support is a buy signal. In this case, support 72.42 would be being tested, so a buy signal would exist.

  • Short AKAM slightly under 81.34, target 72.42, stop loss @ 81.57 Details
  • The technical summary data is suggesting a short of AKAM as it gets near 81.34 with a downside target of 72.42. We should have a stop loss in place at 81.57though. 81.34 is the first level of resistance above 75.17, and by rule, any test of resistance is a short signal. In this case, if resistance 81.34 is being tested, so a short signal would exist.

Swing Trading Plans for AKAM
  • Buy AKAM slightly over 78.00, target 81.34, Stop Loss @ 77.77 Details
  • If 78.00 begins to break higher, the technical summary data tells us to buy AKAM just slightly over 78.00, with an upside target of 81.34. The data also tells us to set a stop loss @ 77.77 in case the stock turns against the trade. 78.00 is the first level of resistance above 75.17, and by rule, any break above resistance is a buy signal. In this case, 78.00, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short AKAM slightly near 78.00, target 72.66, Stop Loss @ 78.23. Details
  • The technical summary data is suggesting a short of AKAM if it tests 78.00 with a downside target of 72.66. We should have a stop loss in place at 78.23 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 78.00, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for AKAM
  • Buy AKAM slightly over 75.87, target 78.00, Stop Loss @ 75.69 Details
  • If 75.87 begins to break higher, the technical summary data tells us to buy AKAM just slightly over 75.87, with an upside target of 78.00. The data also tells us to set a stop loss @ 75.69 in case the stock turns against the trade. 75.87 is the first level of resistance above 75.17, and by rule, any break above resistance is a buy signal. In this case, 75.87, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short AKAM slightly near 75.87, target 72.66, Stop Loss @ 76.05. Details
  • The technical summary data is suggesting a short of AKAM if it tests 75.87 with a downside target of 72.66. We should have a stop loss in place at 76.05 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 75.87, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

This is a snapshot. Real Time Updates are available on our AKAM Page.

AKAM Ratings for February 23:

Term →Near Mid Long
Rating Weak Weak Weak
P1 0 0 72.42
P2 71.26 72.66 81.34
P3 75.87 78.00 89.84
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Support and Resistance Plot Chart for AKAM

AKAM Long Term Analysis for February 23 2023

Blue = Current Price
Red= Resistance
Green = Support

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How do we know what is going on #behindthescenes of a company?  According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The  Akamai Technologies (NASDAQ: AKAM) report below is a real world example. Included are trading plans for AKAM, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports

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