alexp
Long

Long YHOO on daily - if triggers above 15.85

BATS:YHOO   YAHOO INC
779 3 1
This is the first deep PB             after bull breakout from two legged PB             at EMA (A2).

Although this might turn into reversal back to MA, if the set up triggers above 15.85 resistance, it's likely to close the gap at 15.97-16.00 and move a bit more up towards a strong resistance at 16.35-16.40 level

Conservative target is 16.20, stops are at 15.60
Stopped today on this one. Didn't make it just 15 cents to the target.
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Agreed.
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I think 18.5 should be a realistic target after 16.5 break
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