Monday, December 26, 2005 12:52:30 PM
YHOO Charts for Last Week...
3Month/Daily:
I get the 'feeling' that YHOO is going down to the lower Bollinger Band or to around 39.80 which 'may be' a good entry for a Swing Trade...Almost every T/A Indicator on this chart shows 'weakness', especially the decrease in Volume, which is normal the week before Christmas and the Holidays...I could be 'Fooled' by all this, as this week is 'Usually' a Very Strong Week for the Overall Markets, and YHOO will follow the Nasdaq and S&P 500 if they 'Rally' this week...
3Month/Weekly:
Last weeks candlestick has a lot of red, and closed near the Low of the Week...The 5WMA, OBV, CMF, A/D Line, CCI, RSI, DMI+, Stochastics, MACD, and Volume all went down last week...I'm NOT real 'Bullish' on YHOO at this time, unless the Overall Markets Rally HARD in the near future beginning tomorrow...
3Month/Daily:
I get the 'feeling' that YHOO is going down to the lower Bollinger Band or to around 39.80 which 'may be' a good entry for a Swing Trade...Almost every T/A Indicator on this chart shows 'weakness', especially the decrease in Volume, which is normal the week before Christmas and the Holidays...I could be 'Fooled' by all this, as this week is 'Usually' a Very Strong Week for the Overall Markets, and YHOO will follow the Nasdaq and S&P 500 if they 'Rally' this week...
3Month/Weekly:
Last weeks candlestick has a lot of red, and closed near the Low of the Week...The 5WMA, OBV, CMF, A/D Line, CCI, RSI, DMI+, Stochastics, MACD, and Volume all went down last week...I'm NOT real 'Bullish' on YHOO at this time, unless the Overall Markets Rally HARD in the near future beginning tomorrow...
PowerPole >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
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