9/4 Yahoo

Yahoo Market Pressure / Liquidity Accumulators chart:

First positive divergences on Yahoo have emerged in mid-summer, and given the recent market panic, they've became even stronger. As of 9/4, accumulators on Yahoo are showing strongest buying out of all major technology companies.

I would assume a minimum potential of reaching the zone of $39-42 in the coming months. Given the long-term outlook, it might be even greater:

In detail:

MARKET PRESSURE ACCUMULATOR:

Market pressure has been slightly up going into the end of July, but it has really accelerated as price approached the breakdown level of $36, an important level to note.


ALL LIQUIDITY ACCUMULATOR:

As I noted in an overall review, (and marked with a parallel red line on the price chart), YHOO was flat from 07/07 into the close of the month - liquidity was higher. Just couple days after the behavioral change in the Market Pressure, a similar change happened to the Liquidity accumulator, as it has increased its degree of buying.


DARK POOLS LIQUIDITY ACCUMULATOR:

Another point I want to note with the Dark Pool Accumulator - I have marked each extension down in price (sell-off) and the corresponding DP's reaction - highly up each time. While they were trading ranges every now and then, each big buying opportunity has been used to its full potential. Also, note the similar behavioral change as price moved under the $36 mark and how DP's started only buying into the panic.

BOTTOM LINE:

This post is mostly for reference that there is some serious buying going for two months already in Yahoo.

P.S.

Price of YHOO as of today - $31.58.