Yahoo ($YHOO) Monthly: Not much to say about Yahoo except for the fact that it’s been in this LONG term channel, as can be seen in the monthly chart below. It did try to get above this channel resistance but has since scaled it back, and remains at the 1.0 fib level near the previous peak of 2015. Keep eye on where the stock moves along or above this channel resistance line, along with RSI levels that is supportive of any upside moves. The stock may just crawl along this line (similar to 2004-2006, in the chart below), and whether RSI continue to rise or decline when doing this will tell if the stock is accumulating to break higher or losing strength and headed lower. It’s too soon to tell at this point. It does appear that $VZ acquisition and finalization may be somewhat of a “sell the news” event. Stock may be just headed lower to close gap, as well.