Yahoo (NASDAQ: YHOO ) – This large-cap information technology giant had been
trading within a bear channel since May. But at August's low, prices turned
sharply higher, which led to a break through a double-top in October, following
a quick correction that drew unusually high volume. On a day like yesterday,
when the market suffered a crushing blow, YHOO fell by just a nickel. Rumors
persist of a takeover by a larger company continue reported in the press. The
chart breakout yields a trading target of $20. Click to Enlarge
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