Here’s Another Approach To Stock Splits
Stock splits just don’t seem
to have the same momentum as days gone by.
Personally, I have complete disdain for most splits,
unless the stock’s performance truly deserves it, and the price tag puts it out
of reach for most investors.
In today’s trade, Yahoo (YHOO) was trading post
split, and simply put, I didn’t feel this was one of those compelling cases,
especially against technical resistance.
09:46:45
Intraday Setup Alert
Yahoo (YHOO)
is trading post ‘smoke and mirrors’ stock split in today’s trade–up .29 at
27.06. This action has the stock forming a potential
Opening Reversals TrapDoor against a Fibonacci and price resistance zone on
the daily chart.
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‘Oh Yahoo!!!’
Chris Tyler