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Stock Pick of the Day - Yahoo Inc.
Dec 14, 2009

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Larry Swing

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Stock Pick Of the Day:

Yahoo Inc)

Close Price: $15.74

RSI: 57.56

MACD: -0.26

Yahoo Inc., the closest competitor to Microsoft Corp., closed at a level of $15.74 on Friday. The stock breached the 20 day MA of $15.51 and 200 day MA of $15.71 in a single session on Friday.

The stock has also got a favorable looking RSI of 57.56. Trader could think of making an entry in the stock with long positions, once Yahoo Inc. also manages to breach above its 50 day MA of $15.81, which is now a short distance away.

 

 

...thanks for the trust you've shown in me and my business.

by Larry Swing
larry@mrswing.com
May the swing be with you...

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YHOO
C:15.8200

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