YAHOO! INC
(YHOO-Nasdaq):
Technical Viewpoint: From a low
of $18.47 on Mar 12, 2003 prices
rallied, reaching a
high of $24.99
on Mar 27, 2003. A
decline saw prices pull back, reaching a
low of
$22.65 on Apr 9, 2003.
Another rally saw prices penetrate
resistance, closing 4/10/03
at $24.27. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Feb 14, 2003 when the Histogram crossed the "0" line to the upside.
Support: Remains at $22.50. Resistance: Is at $25.25.
Point & Figure: Reversed to the upside on Apr 10, 2003. A P&F upside
reversal takes place at $23.10. Summary: Technical indicators have turned bullish. BUY! YAHOO! INC
(YHOO-Nasdaq) @ $24.50 Stop: Use a protective stop of $22.50.
YAHOO! INC is currently trading @ $24.27 plus $1.40 on Apr 10, 2003. Price Objective:
$33.50. Risk/Reward: $2.00 VS. $9.00. Today's Risk Reward Ratio: 4:1
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