Key Yahoo! Inc. Target/Top Quickly Approaches
Yahoo! Inc. (NASDAQ:YHOO) reported earnings yesterday after the market closed. Wall Street loves them. The stock is trading at $29.51, +2.63 (9.79%). While the stock is trading sharply higher, a major target and possible top is now within easy reach. The level to watch here is the 2008 high at $30.25. This can be seen in the chart below.