AKAM what is it and what's in store?
July 30th 2010 15:09
This stock looks lower based on a classical technical pattern
This is the first time I have looked at this particular stock and it appears to chart beautifully. The stock I am referring to and analyzing today is Akamai Technologies Inc. The symbol for this stock is AKAM and it is traded on the NASDAQ.
In this short video Adam Hewison shares with you a classic chart pattern that he's seen thousands of times before in different markets. The pattern is very reliable and seems to work well most of the time. Some people believe in this type of technical analysis, however, some folks feel that it may as well be voodoo.
For myself, I believe that history and markets repeat themselves based on human nature, which has not changed in thousands of years.
The video is with our compliments and there is no need to register in order to watch.
All the best,
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