New York, NY -- (ReleaseWire) -- 03/21/2013 --Yahoo! Inc. (NASDAQ: YHOO) opened at $22.43 and oscillated in the range of $22.36 and $22.95 in the latest trading session. It is at $22.82, up 3.29 percent from its previous close of $22.09. Yahoo shows bullish trend and the stock’s first resistance level is at $23.00. Upon breaching this level, the stock may touch $23.15. On the downside, it may slip to $22.65. The stock has traded 12.627 million shares so far in the session, in comparison to its usual trading volume of 19.96 million shares.
Yahoo announced the acquisition of Jybe, a start-up dealing in social recommendation segment. The financial terms of the deal were not disclosed.
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KB Home (NYSE: KBH) created its new 52 weeks high and traded in the range of $20.70 and $22.38 during its latest trading session. The stock had opened at $21.57 and is currently at $22.10, up 2.46 percent from its previous close. KB Home recorded the volume of 6.259 million shares, significantly higher than its average daily trading volume of 4.616 million shares, thus showing bullish trend.
The stock has overall bullish trend as per its MACD chart and the stock is likely to maintain the streak. It is also trading above its 20 days SMA of $22.00.
Find out where KBH could be headed by getting the free and full trend analysis report here: http://www.monstertradingalerts.com/market-scan/?symbol=KBH
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Yahoo! Inc.&KB Home Trend Analysis Reports: (NASDAQ: YHOO), (NYSE: KBH)