Stocks This Week: Buy TripAdvisor And Akami Technologies

&l;p&g;&l;img class=&q;dam-image bloomberg size-large wp-image-43233143&q; src=&q;×0.jpg?fit=scale&q; data-height=&q;640&q; data-width=&q;960&q;&g; Photocredit: &a;copy; 2019 Bloomberg Finance LP

TripAdvisor reports earnings on February 12th after the close. The weekly cycle bottomed on the 10th. In the last year, 80% of the buy signals have been successful. The earnings report is likely to be met with buying. The share price is likely to rise into the low-to-mid-sixties.

Chart 1

&l;img class=&q;size-large wp-image-192021&q; src=&q;×317.jpg?width=960&q; alt=&q;&q; data-height=&q;317&q; data-width=&q;1200&q;&g; The weekly cycle bottoms as earnings are reported.

Chart 2

&l;img class=&q;size-large wp-image-192022&q; src=&q;×502.jpg?width=960&q; alt=&q;&q; data-height=&q;502&q; data-width=&q;1200&q;&g; There are higher lows in momentum and a break in the relative strength downtrend.


Akami Technologies reports results on the 11th after the close. The weekly cycle below bottomed on the 10th, and four of every five buy signals have been profitable. This is a positive indication. The stock is likely to challenge the resistance at 71-72.

Chart 3

&l;img class=&q;size-large wp-image-192023&q; src=&q;×320.jpg?width=960&q; alt=&q;&q; data-height=&q;320&q; data-width=&q;1200&q;&g; This weekly cycle also bottoms as the company reports.

Chart 4

&l;img class=&q;size-large wp-image-192024&q; src=&q;×505.jpg?width=960&q; alt=&q;&q; data-height=&q;505&q; data-width=&q;1200&q;&g; This stock also shows positive technical developments.&l;/p&g;

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