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Eaglesnest
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Hi All: I´m an individual investor that´s writting a blog for Spanish readers about North-American Markets, to share information and investment ideas in the other side of wide Atlantic. Improving knowledge about NorthAmerican markets to Spanish investors will help to improve confidence to make... More
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EL NIDO DEL AGUILA
  • Yahoo Inc. Is Giving Back Caesar What Belongs To Him 0 comments
    Sep 20, 2012 3:19 PM | about stocks: YHOO

    (click to enlarge)YHOO graphs courtesy of FreeStpckCharts.com

    Good Afternoon:

    Nice & Smart move what Yahoo´s CEO Marissa Mayer did; giving YHOO´s shareholders most of Alibaba´s net income business. It seems to me that this company must going to basics and Yahoo´s employees have the motivation and the capacity to bring the market new products, without the need of burning cash with new "doubt value adding" acquisitions.

    Tech speaking now, YHOO is trading in a lateral range well defined, but after last two weeks we could see that the company is in nice accumulation mode, with two big green candles on weekly graphs that inspire Long to hold tight their shares. YHOO is navigating now over it´s 200MM, so bulls are in the driver´s seat right now, and Momentum is building up with a near term crossing MM´s 20/50/200, that could lead YHOO to spike near term and break up its perpetual lateral pattern.

    I love this kind of tech. situations, that could lead YHOO to give back shareholders some of its lost luster Personally I´m Long this undervalued company.

    elnidodelaguila.com

    Disclosure: I am long YHOO.

    Themes: Media, Long ideas Stocks: YHOO
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