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Trader_Joe_Lee
Jun 1, 2018 5:08 AM

YELP bullish bat pattern and demand zone combination Long

Yelp Inc.NYSE

Description

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!

Comment

Nice little run off the bat to form an daily double bottom yo!
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