Chart courtesy of
stockchartsAnother day, another week and another drop, the end of this party may be near.
Bears are pushing this market too far without any concrete reason for this Sell-off in techonologies. I expect a big bounce from here. Markets are now in Oversold conditions.
YHOO closed the day near its major support at $24.74. In my opinion YHOO has bottomed. I believe today's dip is a buying opportunity.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
That's All. Have a nice evening !!!
AC
Labels: NDX, YHOO