Watching 30-min bear flag + Cloud resistance At another inflection point, do we bounce for $54-55 or heading down to test the $49.50-50.00 range.
Bar count shows we will get an answer before the close.
YELP trade ideas
8/5Yelp is in a uptrend since the beginning of this year. Now it starts to pull back. Wait a couple more day to find a good price to get in.
Catch a bounce or to LOD? Do not understand the valuation on some of these high flyers and who is buying up here for anymore than a quick trade. Could see stops run to 52.5 area if the uptrend does not remain intact
