NASDAQ:YHOO YAHOO INC
The upside is favored in the near term, as the price has managed to take 37.00 , and settle back above the 200-days . That could be within the context of forming a rounding bottom or cup with handle pattern. I am targeting initially 41.70 level, a breakout above 41.70 would confirm the continuation to the major long term resistance at 43.65.
Holding above 37.00 keeps this scenario likely.
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