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Monday, April 18, 2016 11:29:50 AM
Nothing new here...YHOO management just can't get anything right...couldn't workout a BABA spin off and can't find a buyer for YHOO that would make management look good... =nothing will make management look good now...
I've seen price targets range from $34 to $55...I'm still at $40plus and maybe on a good day=momentum buying...$44 target.
I'm done playing YHOO and intend to close all long positions in the very near future...
Daily Chart...I would not own below $34 and a person could use $36 as breakout price= buy above $36...
For now technically the MFI Money Flow Index is pointing the wrong way and the Accum/distribution line is pointing the wrong way. I suggust this is a vote of "lack of confidence" therefore "sentiment" right now isn't even on board for a run to $40.
Good luck to all...
Kiy...Ki...theMatrix
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