AKAM - ready to snap..one way or the other

Akamai is a very nice profitable tech company. Good profit margins of net' 17%, no debt, although the forward PE is now approaching the somewhat pricey level of 20.

see: stats: http://finance.yahoo.com/q/ks?s=AKAM+Key+Statistics

AKAM, daily

Is AKAM forming a baby bear flag right now? A break under 35 would confirm it, and that would open up 31. Earnings are still over 8 trading days away, the bulls will wish to see a move over the recent high of 38 and then 39.

Those bulls expecting new market index highs within the near term, will wish to see good quality stocks like AKAM break through the next key threshold of $40 by month end.

*Next earnings, AH, Wed' April'25