YELP needs to help itself
Updated
$44.19 solid support line, smaller arrows show where the stock stopped moving/price pivoted
Trending resistance has now forced a wedge that will squeeze the YELP price north towards confirmation of that
trending resistance line. Enter volume and favorable SENTIMENT and we will see a breakout north to $46.77,
a price point that YELP finds comfort in, as indicated from Aug 27 - Sept 4
Will YELP prove me right? It's stocks, i have no idea!
Let's see what happens!
**DISCLAIMER - I am not a professional stock guy, please seek professional advise on all your stock moves. This is a hobby of mine.
Trending resistance has now forced a wedge that will squeeze the YELP price north towards confirmation of that
trending resistance line. Enter volume and favorable SENTIMENT and we will see a breakout north to $46.77,
a price point that YELP finds comfort in, as indicated from Aug 27 - Sept 4
Will YELP prove me right? It's stocks, i have no idea!
Let's see what happens!
**DISCLAIMER - I am not a professional stock guy, please seek professional advise on all your stock moves. This is a hobby of mine.
Trade closed: target reached
It took only three days (to Sept 12th) to confirm my support level of $44.19 (Low of $44.20!!!), and off to the races it goes, unbelievable!! Confirmation by a penny, AGAIN!!I was not expecting the breakout to occur so soon, missed my opportunity in a big way! On to the next stock/option.
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