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Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?


To: Teresa Lo who wrote (21974)6/14/1999 6:06:00 PM
From: Teresa Lo  Respond to of 27307
 
Technical Update - YHOO

We have watched Yahoo form a bear flag over the past couple of weeks. On Friday it broke support at $140 on increased volume. The first target for this down move was a test of the recent low at $120 and that has been met. Using the classic Edwards and Magee pattern measurement technique, the bear flag measures to 103.

For more information on classic chart patterns and their measurement formulae, please refer to Edwards and Magee's Technical Analysis of Stock Trends amazon.com or John Magee's Analyzing Bar Charts for Profit amazon.com

Charts with the measurement formula applied have been posted to intelligentspeculator.com