AC-Investor-Yahoo

Have a look at this nice blog about stocks. You will find many charts and patterns to trade.

Antonio posted:

"YHOO nice setup today !!!
Everybody knows that I bought a small amount of shares of YHOO in September, when stock broke the downtrend. Since then, I continue increasing my position when any Pull back occurs. I know that most of you don’t like to play in YHOO, however it seems clear that value of the company is increasing day by day, and Alibaba.com must have been one of the best investments already made by this company. Well, Presently, Yahoo owns 39% of Alibaba.com and the stock is poised to IPO at HK$13.50 on Nov 6th ( next Tuesday ), and I’m completely confident in the Chinese aptitude to overvalue Alibaba.com in a question of sessions, which will produce for sure a great value for YHOO, it’s my point of view, so this was one of the major reasons why I entered in stock. At this moment I hold on my position in YHOO."

http://ac-investor.blogspot.com/2007/11/trade-ideas-to-analyse-during-weekend.html

My view on Yahoo is more negative in the short term
See the 60-minute chart
I think a rebound is ongoing but the big bearish engulfing is a significant resistance.