$YAHOO - Cup with Handle for $8 Billion. Long

Description

⋅ Sep 9, 2014 8:22 AM

Yesterday's market capitalization is 41.6B. Was this valuation takes into account the Alibaba IPO? I do not think so. Yahoo to reap $ 8B and then, what the market will do?
In the chart, we see the Cup with Handle. This is a continuation pattern. Minimum of this movement is a level $50.
The rest is in the hands of Jack Ma.

bloomberg.com/news/2014-09-05/yahoo-to-reap-more-than-8-billion-in-alibaba-s-u-s-ipo.html

nasdaq

Comments

admin

⋅ Nov 18, 2014 12:39 PM

Nice Trade!

miketse

⋅ Sep 10, 2014 3:06 PM

Price has been dropping for 2 days. Just wondering who are the short sellers?

hehe

⋅ Sep 10, 2014 5:30 PM

... at the top always strongly blows. Scenario unchanged.

hehe

⋅ Sep 10, 2014 2:34 PM

...madness:

cnbc.com/id/101986793

hehe

⋅ Sep 9, 2014 10:11 AM

;) the upper range is $75. It's something to think about.

sublimares2

⋅ Sep 9, 2014 10:02 AM

I so agree it

FXPhantom

⋅ Sep 9, 2014 9:02 AM

Boy, looks it tasty :)

hehe

⋅ Sep 9, 2014 8:28 AM

Cup with Handle pattern:

thepatternsite.com/cup.html