I bought $YNDX for a bounce to take out previous high of $29.48. I believe $YNDX is the Russian $BIDU in the making.
Take a look at the weekly chart below:
All it takes is for $YNDX to take out the recent high and it would automatically break out of the resistance that has been around since October 2011. Did you see the April 26 weekly bar? The one with the bad ass long green bar? That was the tell tale sign. I may sit on this one for long-term.
My 2 cents.Comments »