Chart courtesy of stockcharts

YHOO shares were up today more than 3% to 28.48. Looking at the daily chart stock is presently trading within the uptrend channel marked by the white parallel lines in the chart above. With MACD on top of 0 showing bull market and KD at high level the stock should kept going for now. Keep an eye on YHOO monday for a possible breakout over $28.50.

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