Altaba Inc. (formerly Yahoo) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

0.0%

Nov 6 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Teresa Lo who wrote (22901)	7/21/1999 3:49:00 AM
From: Teresa Lo	Read Replies (1) of 27307

YHOO - Technicals The chart of YHOO is very similar to that of the CBOE Internet Index, the INX, which had formed a head and shoulders bottom over the past month or so on the daily chart. The neckline had been crossed to the upside, giving hope to those looking for a recovery; however, in recent days the neckline has now been broken back to the downside, indicating that the pattern failed. Most of the Internet stocks are sitting under the 20-day EMA and looking very weak. Support is seen at 450 on this index, and if it doesn't hold, then the neckline of the large head and shoulders top seen on the weekly chart will be tested shortly. Charts specific to these comments have been posted to intelligentspeculator.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next