WYCKOFF DISTRIBUTION SCHEMATIC
WYCKOFF ACCUMULATION SCHEMATIC
BAR CHART (5-YR WEEKLY)
POINT AND FIGURE:
YANDEX has fulfilled the downside campaign target within $0.50 and has been under accumulation for 18 months. The lowest timeframe accumulation phase has a $25 target. While achieving this target prices have closed above long-term weekly resistance. Doing so allows us to calculate a larger timeframe campaign target: $40
October looks like a bullish month.