YHOO Down and More North

K

kalzayani

skier asked me to post this

and I appreciate his/ her thoughts

I think yhoo is a sell here
from 31
I some times have conflicts in making these charts
but here goes
it's suppose to be inside the channel
so I did the daily and weekly
the daily shows some negative signs (Not true)
but that top is what will make the stock not go up further
IMO The redudent levels will be clear with the weekly
Next post



<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1655418>
 

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this chart
is useless for now
untill the stock hits any of these lines
at the dates given (IMO)

for now my decision is to
short it
till at least 25

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1655421>
 

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Quote from dtan1e:

i don't know why people think yhoo is not gd, personally i think yhoo search engine is miles better than google
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i don't like any, but do you remember the days when yahoo was powered by google ... they had this big logo of google on the top right hand part of the page ... so one day I clicked on it ... and that is how I got stuck with google ... I bet yahoo does regret it now
 
Quote from kalzayani:

for now my decision is to
short it
till at least 25


no way YHOO is going to 25. it will hit 35 and 40 may be in may of 2008.

tech is exploding... also aliababa IPO might give yahoo another 2 to 3 dollar boost..
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