Yelp Inc.Long
Previous head and shoulders did not play out...
YELP forming a short-mid term falling wedge here. Fundamentally I am bullish on this stock for several reasons. I like the improvements in Yelp's operational efficiencies (more profitable it looks) and also its 0 debt position. Additionally, I think its ~3 billion dollar market cap make it a target for a company like AAPL. Because when you open your iPhone's maps application and search for food, you're directed towards Yelp's platform capabilities.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.