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


To: tonyt who wrote (20372)3/8/1999 6:57:00 AM
From: Rene Madsen  Read Replies (1) | Respond to of 27307
 
Where do you see a double top? If you refer to the peaks end January, beginning February I don't see that as a double top but as two individual peaks. Frankly I have no idea of how high Yahoo can go, but I think there will be some resistance at 200. If that is broken the next resistance would logically be the 52 wk high at 222. Break that on good volume it's anybody's guess how high it'd go.

For the volume, I think it's increasing with volatility; generally I think the volume goes up on days the stock moves a lot. I don't think you can put anything particularly in that.

(cup and handle theory is a bit too much hocus-pocus too me, but that's a personal opinion).