( Yesterday close ) Chart courtesy of stockcharts

Shares of YHOO are trading very well, gaining more than 3% with unusual volume for this hour. As you know there is a lot of speculation behing YHOO and others Giants, so this could be the reason behind this movement due to the fact that no news came to the market. Well, looking at the chart above stock still trading in a downtrend, however indicators have improved dramatically ,which could mean an invertion of trend in short term. So, a close above its 50 dma could push stock till $26 very fast, so keep an eye on the close.

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.