YAHOO! INC
(YHOO-Nasdaq):
Technical Viewpoint: From a low
of $30.85 on Mar 23, 2005 prices
rallied, reaching a
high of $35.42
on Apr 6, 2005. A
decline saw prices pull back, reaching a
low of
$32.29 on Apr 15, 2005.
Another rally saw prices penetrate
resistance, closing 4/25/05
at $35.49. Technicals: MACD Index (MACD): A Buy Alert!
was given on Apr 22, 2005 when the solid line crossed the dotted line to the upside.
Support: Remains at $34.25. Resistance: Is at $35.91.
Point & Figure: Reversed to the upside on Mar 31, 2005. A P&F upside
reversal takes place at $32.00. Summary: Technical indicators have turned bullish. BUY! YAHOO! INC
(YHOO-Nasdaq) @ $35.63 Stop: Use a protective stop of $33.63.
YAHOO! INC is currently trading @ $35.49 plus $0.62 on Apr 25, 2005. Price Objective:
$44.00. Risk/Reward: $2.00 VS. $8.37. Today's Risk Reward Ratio: 4:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$44.00
Risk/Reward:
$2.00 VS. $8.37
Risk/Reward Ratio:
4:1
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