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[hiker]

7/19 intraday

http://stockcharts.com/gallery/?yhoo

opens up today with a large bearish gap to test an important horizontal support price easily seen on the weekly and the PnF charts

also testing the 200-week sma

PnF uptrend line remains below...PnF support trendline not seriously tested since first formed in 2003

note today's low vs. the $25.52 low from summer 2004

the 50-week ema has represented resistance for most of 2006

note the weekly RSI

today's news -

http://biz.yahoo.com..._bell.html?.v=1

downgrades near the potential bottom of the multi-month price decline?:

UPGRADES & DOWNGRADES HISTORY
Date Research Firm Action From To
19-Jul-06 JP Morgan Downgrade Overweight Neutral
19-Jul-06 Deutsche Securities Downgrade Buy Hold
19-Jul-06 Soleil Upgrade Hold Buy
10-Jul-06 Susquehanna Financial Upgrade Neutral Positive
29-Jun-06 Global Crown Capital Initiated Overweight
23-Mar-06 UBS Upgrade Neutral Buy
6-Feb-06 Stifel Nicolaus Upgrade Hold Buy
30-Jan-06 WR Hambrecht Upgrade Hold Buy
23-Jan-06 Bear Stearns Upgrade Peer Perform Outperform
18-Jan-06 JMP Securities Downgrade Strong Buy Mkt Outperform