Akamai technologies AKAM formed a pin bar
Updated
Akamai technologies AKAM: slowstoch is oversold and 2 days ago the stock formed a pin bar.
Slowstochastic is bounced on the oversold zone: pin bar is a good signal for reversing the trend.
Stock strenght is above 63.
Watch the stock and lets see on lower timeframes if there is a entry signal (for example at 4h TF).
Disclaimer:
This is just my tought: don't invest based on this idea.
Slowstochastic is bounced on the oversold zone: pin bar is a good signal for reversing the trend.
Stock strenght is above 63.
Watch the stock and lets see on lower timeframes if there is a entry signal (for example at 4h TF).
Disclaimer:
This is just my tought: don't invest based on this idea.
Trade closed: target reached
TP catched at 72.86
Disclaimer
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