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InTheMoneyStocks.Com is a research and consulting company focused on mathematical proprietary techniques along with a key understanding of price, pattern and time. Through understanding geometry and other technical analysis methods, InTheMoneyStocks.Com prides itself on avoiding Wall Street hype... More
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  • Akamai Bucks The Early Trend 0 comments
    Apr 4, 2012 10:13 AM | about stocks: AKAM, QCOM, GOOG, AMZN

    This morning, most of the leading stocks in the technology sector are declining lower. Even the mighty Apple Inc (NASDAQ:AAPL) is trading lower by $5.44 to 623.90 a share. Other tech leaders such as Google Inc (NASDAQ:GOOG), Amazon Inc (NASDAQ:AMZN), and Qualcomm Inc (NASDAQ:QCOM) are all coming under early selling pressure.

    The one tech stock that is bucking the early morning sell off is Akamai Technologies Inc (NASDAQ:AKAM). This leading stock is trading higher by 0.70 cents to $37.08 a share. Short term traders should watch for intra-day resistance around the $37.40 area. Traders should keep a close eye on this stock if the major stock indexes rebound today as AKAM stock is showing early relative strength.

    Nicholas Santiago
    InTheMoneyStocks.com

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    Stocks: AKAM, QCOM, GOOG, AMZN
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