Do you YHOO?
YHOO closed @ 28.70
The stock has been on a roll the last few days.
The reasons i think YHOO will have a great year are:
1) The stock essentially bottomed in 2006 and a laggard that year. I also believe techs will lead strongly this year.
2) Allowing message board postings on penny stocks should bring back alot of users who normally post at Ragingbull.com and other websites.
3) Yahoo has stated last year they are rolling out 'Panama' that is meant to compete with google.
4) The technicals of YHOO is looking really good. Are you seeing the inverted head-n-shoulder pattern right now? I see it. All it needs to do is to blow past the 200dayMA right now at 28.69 .
Let's see if we get some sort of dip today or tomorrow before entering. Hey, if it continues to rip away, we got no choice but to enter. This is not the first time YHOO is on our recommended list.
Intermediate to longer term trade.
The stock has been on a roll the last few days.
The reasons i think YHOO will have a great year are:
1) The stock essentially bottomed in 2006 and a laggard that year. I also believe techs will lead strongly this year.
2) Allowing message board postings on penny stocks should bring back alot of users who normally post at Ragingbull.com and other websites.
3) Yahoo has stated last year they are rolling out 'Panama' that is meant to compete with google.
4) The technicals of YHOO is looking really good. Are you seeing the inverted head-n-shoulder pattern right now? I see it. All it needs to do is to blow past the 200dayMA right now at 28.69 .
Let's see if we get some sort of dip today or tomorrow before entering. Hey, if it continues to rip away, we got no choice but to enter. This is not the first time YHOO is on our recommended list.
Intermediate to longer term trade.
posted by beanie11111 | 7:44 AM
21 Comments:
EBAY:
Watch this stock. I think it'll rally today.
My astrologer is saying that today and tomorrow are really bad days.
So trade accordingly. If she's wrong, i'll send your vile comments to her. lol
ONSM on the move in PM to $3.49. Last PR release says they should find a place with Apple iPhone.
NYX: get ready to short it if the low gets taken out. day/swing trade
With the market this high on what i expect to be a corrective day or two, i would be a little careful buying at these levels.
MEMY looks really good on the daily and weekly charts!
LVLT should do really really well this year
DNA: do you dare to buy some calls at these levels?
DNA: Would be sweet if we get AAPL type rise today and tomorrow
I don't see a reverse head & shoulder either on daily or weekly chart. However, YHOO is currently trading in a congestion area formed last Aug/Sep. If it gets past that it should easily fill the gap formed last July and run back to the $31 area. Also, I show the 200 DMA as $28.56, which it has already passed.
ron,
it's there on the weekly chart, the inverted head-and-shoulders is definately there (formed from june to present). YHOO is breaking out big.
YHOO:
regardless of correction or not, YHOO will be a very good year. How many times do i need say it? lol
RNIN running, BIG TIME!.....Anyone have any news on this??
DKAM: Is moving again. its not too late to get in if you didn't buy any on the dip yesterday and today.
JSPADE
NYX...
buy buy buy or SELL SELL SELL?
-mark the rat
EBAY ?!
wow, still strong.
go DNA go!!! Give us another rally tomorrow. You can do it, mr. DNA!
hey beanie whats up with zvzzt these kinds of stocks make no sense to me
EBAY & YHOO very strong. There should be more upside short term
NRLS (speculative) for Stem cells :)
-M
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