Looking for more oversold bounces

Posted on May 26, 2011 by Stock Trade Journal

I continue to look for opportunities where stocks have been perhaps punished a bit too much.
One of those is AKAM. It looks very attractive here around $32 and look for a bounce to at least $36.
I have been writing in my journal about these kinds of oversold opportunities for a while and I have seen they offer a very good Reward vs. Risk ratio.

About Stock Trade Journal

The information in this blog is not investment advice. Please consult a financial advisor before investing. I have been trading stock since the 1990's and survived the .com crash. I am developing software applications to help me trade better and now I am making them available to help other traders. This blog is also a way to share my experiences and observations in the market.
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