YHOO Stock Chart Analysis
By Johns Wu on Jul 20, 2006
YHOO, Yahoo Inc., was a bloodbath yesterday. While the market made a huge rally, YHOO sold off 22%.
The stock has gone from neutral to bearish at the weekly leve. Today's volume was ENORMOUS, so I have a feeling the $25 support may not hold. If YHOO breaks the $25 support, it may head lower into the next support level.
This entry was posted on Thursday, July 20th, 2006 at 1:55 am and is filed under Annotated Analysis.
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Looking to short on move up to fill gap (up towards the $28-29 area).