taso42

YELP Triangle

taso42 Actualizado   
NYSE:YELP   Yelp Inc.
Have been watching this YELP triangle forming the past few days. Neutral sentiment right now. Technically the trend looks down, but ready to buy on breakout from the top trendline or short on breakdown from the bottom trendline. We don't have to choose a side in advance. Let the market show us, and be ready to take action.
Comentarios:
This may be the breakout
Comentarios:
Failed breakout that is?
Comentarios:
A second failed breakout. Now this feels like a short candidate.
Operación activa:
Went short this morning
Comentarios:
hourly chart: maybe i was wrong here.. top of triangle seems to be holding as support now
Comentarios:
Earnings call tonight. Stock seems to be tanking in afterhours ahead of earnings call :)
Operación cerrada manualmente:
Things were just not looking right. Got out for a small loss 5 minutes before eod.

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