AKAMPretty good quality stock at some what expensive price level.
AKAM is currently at important price level. Here is my argument for long and short calls.
LONG:
- Consolidation right at important resistance level.
Bears show no sign of strength.
SHORT:
- Consecutive Bearish Divergences.
Decreasing momentum RSI & MACD as price moves higher.
- Stayed inside big range for 3 years
- 23.6% right above
My approach would be be patient and wait for price to break out either side of the yellow resistance region with some convincing confirmation factors.
"info": {
"close ": 78.33,
"marketcap ($bil)": 13.26,
"name": "akamai technologies, inc.",
"sector": "miscellaneous",
"industry": "business services",
"country": "united states"
},
"val": {
"peg_k": -2.00455782,
"fp2e_k": 31.97142857,
"p2e_k": 62.16666667,
"p2e": 71.20909091,
"p2bv": 3.97896043,
"p2sales": 5.25795594,
"p2fcf": 32.48073957,
"ev2ebitda": 20.59256637,
"ev2ebitda_k": 19.98739745
},
"val2_k": -1,
"val2_q": 3,
"qual2_k": 49,
"qual2_q": 31,
"qual3_k": 46