Akamai Tech is a haven for volatility seekers. Risky Long.
It is almost a certainty that volatility is around when
AKAM
reports earnings, historically it pops then sells off creating huge gaps on the chart, longer term the chart is uptrending as the company is in a prime sector of security.
Technically the chart is showing some tiredness as indicators are starting to turn south, but resistance from the MA's is consistent as the RSI remains in a bullish trajectory.
COMPANY PROFILE
Akamai Technologies, Inc. engages in the provision of cloud services for delivering, optimizing and securing content and business applications over the Internet. Its products offers web and mobile performance solutions, cloud security solutions, enterprise solutions, network operator solutions, media delivery solutions and services and support solutions. It also engages in content delivery network, or CDN, services to make the Internet fast, reliable and secure. The company was founded by Frank Thomson Leighton, Jonathan Seelig, Randall S. Kaplan, and Daniel Mark Lewin on August 20, 1998 and is headquartered in Cambridge, MA.
AKAM
reports earnings, historically it pops then sells off creating huge gaps on the chart, longer term the chart is uptrending as the company is in a prime sector of security. Technically the chart is showing some tiredness as indicators are starting to turn south, but resistance from the MA's is consistent as the RSI remains in a bullish trajectory.
COMPANY PROFILE
Akamai Technologies, Inc. engages in the provision of cloud services for delivering, optimizing and securing content and business applications over the Internet. Its products offers web and mobile performance solutions, cloud security solutions, enterprise solutions, network operator solutions, media delivery solutions and services and support solutions. It also engages in content delivery network, or CDN, services to make the Internet fast, reliable and secure. The company was founded by Frank Thomson Leighton, Jonathan Seelig, Randall S. Kaplan, and Daniel Mark Lewin on August 20, 1998 and is headquartered in Cambridge, MA.