SI
SI
discoversearch

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 19.630.0%Nov 6 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Follies who wrote (19624)2/2/1999 3:44:00 PM
From: Howard Hoffman  Read Replies (5) of 27307
 
OK. YHOO is not making a head and shoulders. It is making a downward sloping triangle instead. Not quite as bearish, but bearish never the less. If it breaks through the base of the triangle, around 260, then this would qualify as a reversal pattern, signaling the end of the long YHOO bull run. Obviously, this has not happened yet, but it should be interesting to watch the next couple of days. Died in the wool longs should be hedged somehow. Anyone still think YHOO is going to 450 real soon? EBAY looks even worse.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext