Over the years Serge Berger has found trading and investing opportunities arise when the news flow synchronises with a promising looking chart. This currently looks to be the case with Yahoo.

At the time of the Alibaba IPO, Yahoo owned 22% of Alibaba and, since the launch of the Chinese internet giant, investors have been asking for a change in the company. Possible mergers with AOL or the Japanese tech firm SoftBank have been mentioned.

From a technical picture the stock dropped on September the 19th, the day of the Alibaba IPO, but since then the stock has bounced and held its ground.

News of a deal with or involving Yahoo may not be imminent, but with more pressure from activist investors likely, the share price could be boosted by speculation.