Sunday, July 22, 2012

Akamai Technologies (AKAM)

BUY signal the week of 10.31.11 at $29.82. My first stop was $19.72, so my risk (R)/share was $10.10. Stopped out the week of 5.14.12 at $28.45. The percentage loss on this trade was -4.6%, and the reward-to-risk ratio was -$1.37/$10.10 = -0.14. 

When Akamai closed the week of 2.6.12 at $38.43 I was looking at a +28.9% gain on this trade... obviously I should have taken some profits at that point. Too bad it wasn't so obvious back then.

History (beginning in 2003):
Winning Trades: 3 | 50.0% | +$19.62/share avg.
Losing Trades: 3 | 50.0% | -$6.39/share avg.
Average Trade: +115.1% | +$6.62/share | Reward-to-Risk (R): +3.46

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