11th Feb 2011 – Pattern Study - AKAM

Ticker:

 

1. AKAM

 

Topic:

 

1. Perfect Head-n-Shoulder

 

Lesson Learnt:

 

1. Try not to go long at this kind of head-n-shoulder formation especially when it is due for quarterly report. The reason that the head-n-shoulder has formed is basically telling you that the institution who has got information already letting go this stock.

 

Intraday Chart

-NA-

Historical Chart