Yippy, Inc. (YIPI)

[Bodach]

We broke the 78.6% extension line today -- solidly. As expected, the extension/fan pinch created a do or die; and it was obvious which way it was going to go. I believe the next true test is 1.12. .74 should be, imo, blown easily this time.

Looking for new highs over a dollar this week, and then a settling at the new support level of 1.12. Then we get the real catalyst.

5.00+ short term is still my target.