Cruxellaneous

A left-for-dead technology stock could be starting a major long-term breakout

cruxellaneous-3
From Dragonfly Capital:
 
Something crazy is going on in the tech space. Maybe it is Marissa Mayer, or maybe just the relief of uncertainty, but Yahoo, $YHOO, looks like a long-term buy.
 
Earlier this year many jumped on board when Marissa Mayer took over as CEO. The daily chart below shows that action.
 
Technically the break over 16.40 triggered a buy signal with a target on the break of the wedge higher at 18.70. Now solidly on the path to that target, a pullout to the bigger monthly picture is starting to look very juicy.
 
This monthly view shows a push through...
 
 
More on tech stocks:
 
 
 
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