On a monthly basis Yahoo! is heavily overbought. And notice the similarity of the period 1998-200 and 2012-2014.
Of course after selling Alibaba it has to show it's own strength.
My first target will be at 30 in late Q1 this year. Later this year (around July) I expect to see 25 depending on the timeframe as we are moving in a wide upwards channel.
Of course after selling Alibaba it has to show it's own strength.
My first target will be at 30 in late Q1 this year. Later this year (around July) I expect to see 25 depending on the timeframe as we are moving in a wide upwards channel.