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Akamai Technologies, Inc. Message Board

  • pantone101naturalblondie pantone101naturalblondie Aug 6, 2012 11:51 PM Flag

    AKAM had double top breakout

    On July 26, AKAM had a double top breakout on the Point & Figure (P&F) chart. At that point, AKAM's 'preliminary bullish price objective' became $53.

    See the breakout on this chart:

    http://
    stockcharts.com/def/servlet/SC.pnf?chart
    =AKAM,PWTGDANRBR[PA][D][F1!3!!!2!20]&pref=G


    Please note:
    Yahoo can't preserve the integrity of an URL containing a bracket or a colon. So to see the chart and read the notes below, you'll need to piece together the text lines below each 'http://'. Sorry about that.

    StockCharts defines a double top breakout here . . .

    http://
    stockcharts.com/school/doku.php
    ?id=chart_school:chart_analysis:
    pnf_alerts#double_top_breakout

    . . . and explains price objectives here:

    http://
    stockcharts.com/help/doku.php
    ?id=chart_school:chart_analysis:
    point_and_figure_price_objectives

 
AKAM
60.73+1.73(+2.93%)Jul 30 4:00 PMEDT

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