If you have done this, I will be glad to hear your reasons. For what?
Here is my answer why I didn't.
I didn't see any rational grain in Yandex's actions.
1/ Yandex had already built its own financial service - Yandex.Money, which, with minor modifications and rebranding, could be turned into a full-fledged banking service.
1.1. The purchase is being made on the...
As Yandex has formed HS pattern with a Head measuring around 400 ticks, we expect it to move from a neck line down to area around 4450-4500, where we put our TP.
The "Russian Google" reports earnings on October 28th, is currently in near-oversold conditions, and may be showing an inverted head and shoulders pattern on the daily.
Yandex is a Russian search engine also catering to users in the Ukraine, Belarus, Kazakhstan, Uzbekistan and Turkey. The stock has been moving up steadily since the March market lows and looks to continue. Could be worth a look.
Yandex — Russia’s largest technology company — is set to buy challenger bank Tinkoff in a $5.5 billion deal that would become one of the most high-profile Russian tie-ups in recent corporate history.
