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elnidodelaguila (< 20)

Swing trading long Yandex (YNDX)



January 26, 2013 – Comments (0) | RELATED TICKERS: YNDX

Good Morning Fools:

Yandex (YNDX) the so called Russian Google starts to give signals of life. Technical speaking is breaking up long term downside pattern.

It seems to me YNDX could give investors some growing in their portfolios, after it demonstrates it could compete Vs. Google, at least in its own natural market East Europe.

If you consider a DCF valuation is no brain undervalued, so it could be a nice business for patient long term investors.

Hava a nice week-end Fools. 

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