Conclusion: Yahoo Inc (YHOO) was trading in a strong bearish wave, which is becoming stronger . Technical indicators and chart patterns show highly volatile movements favoriting bearish direction, recommend hedging long positions or entering short position or bearish spread options strategy , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles. . Resistance Levels: 22.98, 23.91, 24.09, 24.65, 25.24, 25.30, 25.83, 26.80, 27.75, 28.68, 28.97, 30.07, 31.65, 32.09, 33.12, 33.22, 33.33, 34.12, 35.54, 37.68, 38.17, 42.22, 47.85. Support Levels: 17.54, 14.97, 14.88, 11.49, 8.89, 8.85, 8.82, 8.14, 8.10, 7.46, 7.25, 7.22,.