Stock in focus YAHOO
Monday, June 25, 2007
( Friday close ) Chart courtesy of stockcharts

Shares of the Big cap. Yahoo are acting very well today raising more than 1% after said Sunday the company is merging the two main parts of its U.S. advertising business under one sales executive and that veteran advertising sales executive Wenda Harris-Millard has left the company. Looking at the daily chart stock still trading in dpwntrend, with share price trading below 50 dma and 200 dma, so stock should breakout above 200 dma to give more confidence to Bulls. Keep an eye on Yahoo for a possible break over 28.07$.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

Labels:

 
posted by Pro Investor Trader at 10:11 AM | Permalink


0 Comments: