Yahoo! Inc. (YHOO) - March 30, 2008

[Harry Aloof]

From Wall Street Trader's Column

YAHOO! INC (YHOO-Nasdaq): Technical Viewpoint: From a low of $18.58 on Jan 30, 2008 prices rallied, reaching a high of $30.25 on Feb 14, 2008. A decline saw prices pull back, reaching a low of $25.72 on Mar 17, 2008. Another rally saw prices penetrate resistance line "A", closing yesterday at $28.99. Technicals: MACD Index (MACD): A Buy Alert! was given on Mar 28, 2008 when the solid line crossed the dotted line to the upside. Support: Remains at $27.90. Resistance: Is at $29.16. Point & Figure: Reversed to the upside on Mar 28, 2008. A P&F downside reversal takes place at $26.00. Summary: Technical indicators have turned bullish. BUY! YAHOO! INC (YHOO-Nasdaq) @ $29.13 Stop: Use a protective stop of $27.13. YAHOO! INC is currently trading @ $28.99 plus $0.90 on Mar 28, 2008.

Price Objective: $37.50
Risk/Reward: $2.00 VS. $8.37
Today's Risk Reward Ratio: 4:1