AKAM Breakout

my indicators are giving mixed signals on this one, i see a slight beginning of a bowtie (dave laundry) with my ma crossovers, but it is oversold in my stoch but w/o a confirmation on my macd yet
price ranges are a bit wide, im so confused this will definately be a learner for me ^^

i would keep an eye on the support at $37.50. it is considered bullish as long as it can close above that price.

actually, i want to swing this on a paper trade so im gonna wait for a pullback… but how is the trend for this industry group?

Massive insider sales and small increase in puts

how did you come across this info?

AKAM is really good at helping companies deliver internet content (“content distribution”) to their customers…
The stock has been as hot as a pistol recently and we think the stock still has legs — they had a blowout Q2 based on strong y/y bandwith demand — ARPU (avg rev per user) also came in better than expected and we see shares cresting to $38 inside 2 quarters, assuming enterprise verticals remain robust and our estimates for stronger FCF (free cash flow) materialize. If AKAM see sales slow down, FCF/share will indeed strengthen, but investors may garbage the stock if what they’re (the Street) looking for is top line sustainability….