YELP daily, it's getting interesting. Can she break 26.60 or will it be further consolidation
not complete pattern, but it will be on top of my watchlist!
#YELP Bat Pattern Forming Short Idea Do you own analysis but I hope this give you some useful ideas, don't forget to hit the like button :) Thanks
If YELP opens below 49.16 (expected to open at 48.19) will be a nice Retest Gap. To learn to trade this strategy for free go to www.RealLifeTrading.com
I’d buy Yelp shares at $58 with a ten dollar stop loss. Profit target could be set at either $85 or close to all-time high ($100). Question is whether we are patient enough to hold this position for months to come. Full analysis: jmak.ws
For sure a double bottom, and a developing triple bottom may be in place, and while the flat tops were not taken out with any conviction they were taken out. Psychologically there's a lot of shorts out there.
Not much to say about this as the chart speaks for it self. Massive diamond breakout. Could retest 30 price zone or lower in due course. More worrying though is this stock and other like it are early warning for wider market? I will let you come to your own conclusion on that. Check some of my other charts.
Make or break time. Can earning support the Tech stocks?
I think there are better risk/reward ratios to pursue, but I would keep an eye on a few of these technical levels to see if there's any short-term, swing trades to be made. Any break above resistance and earnings are the only thing keeping it back. Volume and MACD would support any movements up. Distribution is starting to pull back, and yesterday's candlestick...
This is a 4 hour chart of the QQQ and it shows both the bullish and bearish side of the argument. I have a bias to the bear side due to bearish divergence on the weekly chart and also the head and shoulder pattern. However, the bullish argument is that we have an inverse head and shoulder pattern ( green) opposing the Bears, and also the fact that we are still in...