Yelp Inc.
Long
Updated

YELP bullish bat pattern and demand zone combination

309
YELP's price didn't really move much this year, while I still like their business that has great potential (although their POTENTIAL didn't do much these years)
Looking for a trade to long is not too crazy compared to the GRUB's rally.

Here we got a bullish bat pattern, which is also near the gap from the ER last August.
If it can have solid reversal sign near 38.00-39.00, I'll be willing to take a shot on the long.


Let's see how it goes!
Note
Nice little run off the bat to form an daily double bottom yo!
snapshot

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.