Akamai Technologies Inc. (AKAM)

Akamai Technologies, Inc. (NASDAQ:AKAM), a service provider for the delivery of internet content and business processes, presents a high volatility environment. The stock is printing an up tend in the weekly time frame up from 15$ one year ago to the present 46$. Quite impressive. In the daily time frame, 50$ is now an important resistance. The stock has initiated a correction that might develop in the form of an A-B-C with a short-term objective to the downside at 42$. There is risk associated to this stock if you want to short it because the long term trend is very strong. If you wish to select short candidates to profit from a likely general market correction, should it occur, you should search stocks that have underperformed the market during the up trend.