Yahoo has broken a corrective structure on daily, so i'm expecting more upside before a possible big drop. I'm looking for a strong breakout of this uptrend.
Supports and Resistences - Yahoo - Daily (1D) Good Luck
We could continue to see lower prices for YHOO coming up
Price is in the over bough region and currently experience bearish divergence on the 4 hour and daily chart. We expect price to fall. Price is also bouncing off a dawntrend line on the daily chart.
A head and shoulders pattern is emerging for YHOO. With general sentiment on wall street negative for te CEOs new changes expect Yahoo to drop considerably after price drops past the neckline. I am expecting to find some historic support around the $11-$8 range www.thestreet.com
News broke that the Yahoo! corporate board will be meeting (news links via Fortune and the LA Times) to consider spinning off their internet business, arguably the core of their company (and what most people associate with Yahoo!). Despite this, its stock surged with a breakout and bullish trend day, giving opportunities to traders who can completely ignore...
check the levels for short. opportunity to short, yahoo is in down trend and rally will give us chance to short.
i am having buy stop order @ 29.02 with take profits@ flag on this reversal
My most active positioning has involved this stock and NFLX since the pullback we had on Aug 24th. We are witnessing a controlled demolition of BABA and there is likely more downside to come. Why am I so confident shorting BABA frequently? 1) The multiple lockup expirations we had this year were a major contributor to the constant bleeding this stock has...
i think like this in this price ,coming back and looking for Long
YHOO Perfect Patterns with strong legs The targets are highlighted on the chart Good Luck and Lets see
study(title="Volume", shorttitle="Vol", precision=0) showMA = input(true) plot(volume, color = open > close ? red : green, style=columns, title="Volume MA", transp=65) plot(showMA ? sma(volume,20) : na, style=area, color=blue, title="Volume", transp=65)
Closed long -> Short term short Original bullish target changed and profits taken. Expecting a pull back = 2 short term short trades if confirmed. Major correction down might be ending in this area though , otherwise the lower targets are still intact. Cluster + S/R training.
Let YHOO retest this mornings gap. Exit short Call on bounce and hold the long Call for a bit