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Yahoo (YHOO): And Its Alibaba Party

|Includes: Altaba, Inc. (AABA)

We all win some and lose some. In this case it seems Yahoo is on the winning side of the ledger with its 24% stake in the Alibaba IPO on track to be very profitable for the company. It was one of few early investors that could see the real potential of this Chinese ecommerce company. Of course weird things can happen to IPO stocks after they list - just look at how Facebook shares nosedived after listing before going from strength to strength.

Technical: apart from the last couple of weeks, Yahoo's shares have spent the last eight months consolidating after rising by a very healthy 153% during calendar 2013. That consolidation produced a great flag type structure with price action getting tighter and tighter towards the end. It would be great if this latest jump up in price is the start of something similar to the 2013 move. Only time will tell.

IP Strategy: Yahoo has been on our Active Team since the end of August with this latest price jump pushing the shares up 11% since then. That's not bad for two weeks work and its Alibaba investment could well prove to be the catalyst for the stocks next big push higher.