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: Kosmo who wrote (22900)	7/13/1999 3:53:00 AM
From: Teresa Lo	Read Replies (1) of 27307

Technicals for YHOO - The COBE Internet Index has been on a bounce, and is poised to test the immediate uptrend line at this time, along with the 20-week exponential moving average. On the weekly chart, there is a clear head and shoulders formation with the neckline slightly under the 50-week moving average. Last week, the INX formed a doji, a standoff between buyers and sellers, and so far this week, the sellers have been in control. Yahoo! almost mirrors the INX exactly but with one important difference. Last week, the price action formed a dark cloud cover, indicating that sellers were at work. At this time, we will be watching to see if the 20-week exponential moving average holds as the first level of support. Charts specific to these comments have been posted to intelligentspeculator.com

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