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kiy

Followers 53
Posts 16175
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Alias Born 08/19/2010

kiy

Re: None

Monday, 04/18/2016 11:29:50 AM

Monday, April 18, 2016 11:29:50 AM

Post# of 3328
YHOO reports after the bell tomorrow...
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