vlad.adrian
Short

Yahoo - Massive liquidation by professional money

NASDAQ:YHOO   YAHOO INC
597 42 7
Yahoo             made a new high 4 weeks ago, with very high volume , very bullish , or was it? The new high was rejected immediately, leaving behind a false breakout, with a big divergence on the MACD lines, and fantastic wave volume , with no reward. I believe that Yahoo             is going to fall in the coming weeks. The daily chart is still rising, with a rising wedge . Now it is the time to build a short position. First target at 32.80$.

I will post a daily chart as soon as I see the confirmation.