Altaba Inc. (formerly Yahoo) Message Board

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Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

0.0%

Nov 6 4:00 PM EST

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To: Yamakita who wrote (21955)	6/8/1999 11:17:00 AM
From: -	Read Replies (1) of 27307

Palo, I don't think I would call a fall from 244 to 151 "extended." No idea what it will do short-term but it wouldn't surprise me to see a wild run up in the next few weeks, market conditions permitting. It's been a while since it's ran.... Yamakita, I agree with you. The quick fall from 244 to 120 1/2 put YHOO into a 'major' overdone/oversold condition on the downside, to put it mildly. What I meant by extended was, in the past couple of days, the recovery/runup has happened so quickly, that the issue may need a "rest" (slight pullback) before it moves up again. It's just become a little extended short-term (thus this morning's pullback), once it gets it's breath again I also believe it could make a "wild run" towards 200. Regards & Good Trading, -Steve

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