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: gridiron 99 who wrote (21589)	5/2/1999 2:13:00 AM
From: gridiron 99	Read Replies (1) of 27307

YHOO is about to wake up. I could feel it. I just started my long position at 175 on Friday 4/30. It's good to see that YHOO found the support right at the 50-day EMA line. It's now almost 30 days since the earnings date of 4/7/99, and YHOO has pulled back significantly since then. The pullback was started by post-earnings sell-off and lack of split announcement, and the Internet correction didn't help either. Thanks to overselling of YHOO, it's now about 70 points lower. I am betting that because YHOO was the first major Internet to report earnings and, therefore, the first to suffer pullback, YHOO will be the first to rebound.

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