Long
YHOO @ Support
Yahoo has been going up since the beginning of the year and the long-term trend is still intact even though YHOO has been consolidating since September. Now presents a great opportunity to jump aboard a speeding ship. Major support is at 39.98 so the risk is quite low. Watch for fake moves below this zone as this is a long-term play. Watch the weekly and monthly charts before being faked out. 11/11 B4 close
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.