Set to test critical price point on high volume post earnings market response
supported at $17 could re-test previous high for long call opportunity
Last session move up on high volume suggestive of a long call opportunity
Watch for earnings 8th May..,Suitable for short term long call
After hours trading following earnings release sees the stock at $63.55..long entry looks ripe on confirmation of this on next session open.
potential breakout from downwards trend channel to the upside. Needs confirmation
Post earnings move is suggestive of further upsdie and a re-test of $38 ..suit long call or covered call position
YHOO released earnings after the bell and the market has spoken in after hours trading. If this is translated into reality a long call opportunity would seem to exist to take advantage of the frenzy to get back into the stock after the tech pre-earnings sell off
On break of last session high, support at $26, potential bull Put spread expire next week