January 29, 2014

YAHOO Chart analysis

  • Weekly MACD Bearish cross looks good for Bears of Yahoo. MACD histogram and price also shows negative divergence. But price has to trade below 20 Week SMA for a bigger down move to happen.
  • Daily chart shows price getting support at the cloud. Price must close below the cloud for a bigger correction.
  • Price staying below 50 Day SMA will favor bears of yahoo.
  • FACEBOOK Chart update




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