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


To: Howard Hoffman who wrote (9141)4/6/1998 4:11:00 PM
From: Bill Harmond  Read Replies (3) | Respond to of 27307
 
>>You know this is a likely event.

BS. I don't know whether its a likely event and neither does anyone else.

There could be a H&S here, and there could not. Nobody knows until after the patter has formed, broken the neckline, come up and tested it, then failed. Even then, a H&S is not a sure-thing reversal pattern. Don't count your chickens.

Back in Oct/Nov an H&S started forming in Amazon, and it was a sucker's bet.

This could be a top in Yahoo. I don't know. I'm certainly not going to assume it is. It's dangerous to bet on assumptions like that.



To: Howard Hoffman who wrote (9141)4/6/1998 5:29:00 PM
From: StockJock-e  Respond to of 27307
 
I concur with your TA, this is a text book example in the making. eom