AKAM *** Short
-- broken chart... broke down below 10, 20, 30, 50 DMAs as well as the uptrend line after earnings
-- bounced off the 30 WMA and the channel bottom, as a dead cat bounce
-- MACD and ADX are now starting to pinch DOWN, just starting
(ADX is at 19.759) on the daily chart
-- 60 mins chart show the MACD challenged the 0 line and now turning back down
-- look for short entry tomorrow (May 2nd), 10 mins chart showing MACD divergence, might give you a nice entry at a higher price to short
with a stop 1% above the high of 05/01($34.48)
-- look to add if it breaks down below Monday's low ($32.20)
Risking $1.22
Reward $2.11