YAHOO! INC
(YHOO-Nasdaq):
Technical Viewpoint: From a low
of $37.95 on Nov 18, 2003 prices
rallied, reaching a
high of $44.29
on Dec 1, 2003. A
decline saw prices pull back, reaching a
low of
$39.96 on Dec 17, 2003.
Another rally saw prices penetrate
resistance, closing 12/24/03
at $44.77. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Nov 26, 2003 when the Histogram crossed the "0" line to the upside.
Support: Remains at $40.63. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Dec 23, 2003. A P&F upside
reversal takes place at $42.75. Summary: Technical indicators have turned bullish. BUY! YAHOO! INC
(YHOO-Nasdaq) @ $45.38 Stop: Use a protective stop of $43.38.
YAHOO! INC is currently trading @ $44.77 plus $1.09 on Dec 24, 2003. Price Objective:
$56.00. Risk/Reward: $2.00 VS. $10.62. Today's Risk Reward Ratio: 5:1
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