Sunday, February 26, 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. Closed Friday at $37.21 with a $30.20 stop. My new stop for the coming week is $30.55. The percentage gain on this trade is 24.8%, and the reward-to-risk ratio is $7.39/$10.10 = 0.73.

History (beginning in 2003):
Winning Trades: 4 | 66.7% | +$16.57/share avg.
Losing Trades: 2 | 33.3% | -$8.90/share avg.
Average Trade: +120.0% | +$8.08/share | Reward-to-Risk (R): +3.60

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