Yahoo's most recent trend suggests a bullish bias. One trading opportunity on Yahoo is a Bull Put Spread using a strike $41.00 short put and a strike $36.00 long put offers a potential 50.15% return on risk over the next 33 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $41.00 by expiration. The full premium credit of $1.67 would be kept by the premium seller. The risk of $3.33 would be incurred if the stock dropped below the $36.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Yahoo is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Yahoo is bullish.
The RSI indicator is at 78.95 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Yahoo
Alibaba boosts IPO as demand strengthens
Tue, 16 Sep 2014 05:36:16 GMT
Reuters – HONG KONG/NEW YORK (Reuters) – Alibaba Group Holding Ltd raised the price range on its initial public offering to $66 to $68 on Monday, reflecting strong demand from investors for the year's most anticipated debut and potentially the world's largest-ever IPO. The company and selling shareholders will now raise almost $22 billion at the top of the new IPO range. Alibaba remains on track to set an IPO record if underwriters exercise an option to sell additional shares to meet demand, overtaking Agricultural Bank of China Ltd's <601288.SS> $22.1 billion listing in 2010. Alibaba embarked on its roadshow for the IPO last week and attracted enough demand to cover its entire deal within two days, people familiar with the process said last week.
The story of Alibaba: From start-up to e-retail giant
Tue, 16 Sep 2014 05:00:00 GMT
The Alibaba Seven Soar as Chinese Traders Gain From IPO
Tue, 16 Sep 2014 02:40:29 GMT
US fines over data requests would have destroyed Yahoo in a year
Tue, 16 Sep 2014 02:18:00 GMT
Alibaba Boosts Size of U.S. IPO to $21.8 Billion Amid Demand
Tue, 16 Sep 2014 01:44:30 GMT
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