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

To: fut_trade who wrote (19819)	2/10/1999 7:35:00 AM
From: Matthew L. Jones	Respond to of 27307

Yes, the support for YHOO is about 142. Momentum may carry the stock a little lower, but look for a bounce. Obviously, the momentum yesterday carried the stock to the 139 range and it immediately bounced to 150 until the all the daytraders started dumping positions at 3 and nobody wanted to take anything home overnight and it fell back to 140. Look for resistance at about 196. These numbers are based on Bollinger bands set at +&- 2 standard deviations set off of a 20 day moving average. Overlay a 40 day moving average and look for support (historically) near the 40 day moving average in a bull market. Resistance is the upper band (in a bull market). Just my opinion, but your gut feeling seemed to be pretty close.