
Friday's morning star pattern has neutralized the evening star from earlier in the week. Now it looks like
AKAM is poised to retest $42.00 resistance for the third time. If it succeeds we should see a lot more upside to come.
BOOM broke out of its consolidation pattern and has now come back to retest the breakout point. I'm not sure if the breakout was a bull trap or if it will succeed and rally back up towards its April highs. We should get a good idea which direction it will take early next week.

If
CKFR can hold above $38.00 in the early going next week, we should see an attempt at a gap fill ($42.50) in the very near-term. On August 28th, I profiled CKFR as a long watch list stock with target of $37.50- $38.00.
Here is the link.
CTXS looks well positioned to attempt to test its downtrend line in the near-term.
No comments:
Post a Comment