first target 45.26$ than 46.26$ gap closing after the sell out on yahoo, now they build a bottomed today stock breakout on next upleg to close the Gap MACD bullish cross coming Divergence in the RSI and no new low
Possible #YHOO #YAHOO Long Opportunity Do you own analysis but I hope this give you some useful ideas, don't forget to hit the like button :) Thanks
YHOO is destined to reverse into a pull back buy set up as we are now following the trends of the past few days.
On a monthly basis Yahoo! is heavily overbought. And notice the similarity of the period 1998-200 and 2012-2014. Of course after selling Alibaba it has to show it's own strength. My first target will be at 30 in late Q1 this year. Later this year (around July) I expect to see 25 depending on the timeframe as we are moving in a wide upwards channel.
After my analysis on this stock, I believe we could well be heading up to the $48.75 mark (approx) to meet the 0.236 Fib level, and perhaps pivot from there to continue making lower lows, as demonstrated by the solid arrows. However should price take out the 0.236 fib, I believe we shall make our way up to the upper trend-line, as illustrated by the dashed arrow...
We had a nice run-up which we benefited from. We ran into overhead resistance dating back years. After a bullish flag, are we breaking out. If so, I want to see some follow through, and higher volume.
- Pattern bears resemblance to a bullish flag, with more or less supporting trends in volume (far from perfect) - MACD is close to buy signal, RSI didn't really fall below 50 (mildly supportive) - Break out from flag should happen with substantially higher volume (not like today), so no real confirmation here yet - Should (and only if) the confirmation arrive...
After successful IPO of Alibaba and resulting proceeds and forecast busting 3rd Qtr Earnings released after the market close today, will Yahoo have anything to shout about. Or will it be the case that Yahoo's wealth and treasures will flee along with Alibaba & his 40 thieves? Time will tell. However, I think the Chart say it all. Look forward to catching some...
Looking at the chart, one can notice decreased volatility in the recent couple of days. The triangle have formed on the daily chart.. Moreover, the pattern of lower highs but higher lows pushing stock sideways prior to earnings! Given recent events such as Alibaba IPO and Starboard involvement, i predict stock has more chance to breakout upwards prior\after the...
I'm into Forex and crypto... haven't really TA stock much... "Am I doing this right"? lol All the lin regs show UP, UP, UP... but Stoch RSI shows, whoa, hold up buddy, stop buying! And the oscillator is showing a reconnect and dive soon. Maybe?
YHOO - Bearish Yahoo! Inc.(NASDAQ:YHOO) Sentiment: Bearish Open Day: 07/18/14 Close Day: 09/04/14 Probability: Medium Analysis: Technical + Seasonal
Yahoo has produced two high probability patterns that would fit well in a bearish channel. The cypher (purple) formed right after the rejection candle at $32.17 at the 1.27 extension measured from the X to A leg. Price also put in a double top at $39.64. A Gartley pattern (red) shortly appeared right after. The kill zone for the bearish Gartley pattern is at...
Bearish Engulfing along with 50 period SMA poised to cross over the 200 SMA to the downside. A well defined trendline lies beneath forming potential support.