+------------------------------------------------------------------------------+
Makor - TECH VIEW YAHOO US (33.50 last) - Buy at market price, target $40 2014-04-07 15:06:30.559 GMT
Summary
- The stock lost nearly 18% in the past month but is now testing the rising trend line and 200dma -As long as the stock can remain above 31.70 (recent low) a move higher is our prefared scenario -Eventually, will need to see a sustain move back above 34.45 (bottom of corrective wave 'A') to argue for a low in place
Strategy: Long from market price, target 40.00 with a stop loss below 31.70
CHART ATTACHED
Contributed via: Bloomberg Publisher WEB Service
Provider ID: 0765f4e3446d415895c27c97fcd88478
-0- Apr/07/2014 15:06 GMT