PontusTrader

YHOO Oversold on Daily Bollinger band

Long
NASDAQ:YHOO   None
0
Yahoo's price move is too extreme to the downside, as evidenced by the break down below the daily bollinger band. I am bullish on YHOO and expect a reversal within the next two days. The thing I would like to see most is more volume and even more selling tomorrow, January 16. Then I am really considering going long.

Look at previous examples on the arrows.
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