Chart of the day : YHOO

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Tuesday, September 19, 2006

Chart courtesy of stockcharts

YAHOO shares down sharply today after the company warning that third-quarter results will be hurt by a slowdown in the growth of auto and financial advertising. In the daily chart we can see that the stock traded today near the year lows at 24.91$, this level now will be used as support.

That's All. Have a great evening !!!

AC

21:25 | Permalink

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I'm a 48 year old Independent Trader using proprietary technical analysis with more than 20 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

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Disclaimer: I am a 48 year old Independent Trader using propriety technical analysis with more than 20 years experience of investing in the stock markets. I started this blog in 2006 simply as a way to share my thoughts on the market.Please keep in mind that My blog contains only my personal opinion and is provided for informational purposes only, and no mention of a particular security constitutes a recommendation to buy,sell, or hold that or any other security. My past results are not necessary indicative of future performance.Any trades or investments are committed at your own risk. I am not a professional money manager. Always consult your broker for any of your investment decision.Trade at your own risk. All opinion in this blog is intended for educational purpose only and AC Investor is by no means liable for any potential damages that may be incurred from this information.Trade at your own financial risk as I assume no responsibility for your investing decisions in the markets.

AC Investor Blog

Seeking to provide independent day trading strategies based on Technical Analysis.

Tuesday, September 19, 2006