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LeLaf

YELP: Ascending Triangle

Long
Yelp Inc. (NYSE:YELP)  
LeLaf  
NYSE:YELP   Yelp Inc.
Technical Indicators Chart Patterns Trend Analysis
3
1
indicator chartpattern trendanalysis
Ascending Triangle
Descending Volume
Could climb with ER coming
PPS above 50MA
High R/R ratio at 10

Cons
PPS below 200MA
200MA descending
250RSI below 50
ATR descending, less volatility

If confirmed, may mean a reversal
PT1 = 27,32
PT2 = 30,89
PT3 = 34,46
Bonus PT4 = 26,93
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