Yahoo's most recent trend suggests a bullish bias. One trading opportunity on Yahoo is a Bull Put Spread using a strike $34.00 short put and a strike $29.00 long put offers a potential 11.86% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $34.00 by expiration. The full premium credit of $0.53 would be kept by the premium seller. The risk of $4.47 would be incurred if the stock dropped below the $29.00 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 69.25 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Yahoo
Buybacks, Alibaba stake drive Yahoo shares
Wed, 20 Nov 2013 22:02:21 GMT
CNBC – Yahoo hasn't seen much growth from its recent investments, but shares may simply be rising on enthusiasm about CEO Marissa Mayer.
Stock Pops & Drops
Wed, 20 Nov 2013 22:00:00 GMT
CNBC – The Fast Money traders take a look at today's biggest market movers.
Yahoo to Encrypt Data
Wed, 20 Nov 2013 21:59:13 GMT
Zacks – Yahoo Inc (YHOO) recently announced that it would increase its efforts to protect user privacy by encrypting information flowing between its data centers within the first quarter of 2014.
Is Yahoo about to make another big buy? Analyst cites chatter on Snapchat, Pinterest, BuzzFeed
Wed, 20 Nov 2013 21:58:00 GMT
MarketWatch – Yahoo ‘s plan to buy back an additional $5 billion in shares lifted the Web portal's stock as analysts called it a prudent move. But speculation that Yahoo could make another big acquisition remained.
J.C. Penney, Lowe's, Tesla are big market movers
Wed, 20 Nov 2013 21:55:26 GMT
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