The stock had an amazing rally in the past couple of weeks. Having discussed this stock a couple of days back, this stock has broken some of the targets that was discussed last time. Volumes are still strong and the momentum looks to be still favoring a strong move as the decline was extremely small. The MACD is on the buy zone and RSI is rocking upwards given the strong price movement in the past couple of days. The stock has an upside potential of another 20% to $18.83 if it breaks $15.84 mark comfortably. Yahoo is takeover candidate and share prices are expected to reach $20 in a very near future.
source : Five Stock Picks for Monday
Rumor: Alibaba Group Considering Full Acquisition of Yahoo : http://www.marbridge...sition_of_yahoo
Yahoo is takeover candidate and share prices are expected to reach $20
Started by
Costa
, Oct 08 2011 05:18 PM
No replies to this topic
#1
Posted 08 October 2011 - 05:18 PM
Costa
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