Tuesday 27 March 2012

AKAM - snap higher...due

AKAM found some nice support at the 34.50 level, and with the MACD cycle due to go positive cycle this Wednesday, a move to around 41/43 by mid April is expected.

AKAM, daily


*I do consider AKAM a prime takeover target, although as with anything, it might never happen.
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AKAM remains one of the strongest tech' companies out there, good sound numbers, and no sign of trouble in the mid term it'd seem.