themarketzone

Triangle pattern in $YHOO

NASDAQ:YHOO   YAHOO INC
$YHOO tested downtrend line as it entered its earning report last night.
A break and close below 34$ could be bad news for $YHOO in the medium term (could lead to 30$)
A break and close above down trend line will signal up-trend continuation with 37$ and 38$ as initial targets
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Tomer J,
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