posted
Some unexpected results after good news, people expect so much from these internet stocks it seems. Could slip a bit further. If it continues to drop, I see it pulling back to about 25, which IMO would be a great entry point.
Posts: 1051 | From: Michigan | Registered: Sep 2003
| IP: Logged |
With the Naz showing a willingness to drop lower, it's reasonable to anticipate that Yhoo will move down to major support before any meaningful upmove.
Posts: 69 | From: San Jose, CA, USA | Registered: Jun 2003
| IP: Logged |
posted
True, but it has held it's ground quite well this past week, and all indicators are putting it close to oversold territory. If the general market continues to bleed red, it would push it further, but if it can remain in the 29-31 dollar range with a weak overall market, I see this rebounding quite nicely with some market momentum.
Posts: 1051 | From: Michigan | Registered: Sep 2003
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
