AKAM Tests $52

Posted by Blain Reinkensmeyer
November 9, 2006 at 10:29 am

About 1.3 minutes ago Akamai Technologies (AKAM) tested $52 resistance. The stock is currently up about $1.25, or 2.5% to $51.90 - real time last tick. Volume on the stock is currently just crossed 1.7 million. Yesterday I spoke on Akamai and said to add it to your watch lists, I took a small position at around $50 and am looking for the 50 MA to move up to about that point before the stock breaks to new 52-week highs.

Happy Hunting!