Watching 30-min bear flag + Cloud resistance

Yelp Inc.NYSE

Description

⋅ Aug 6, 2013 4:46 PM

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.

Comments

mwilliams109

⋅ Aug 7, 2013 1:55 PM

looks like we have our answer

jpstephens

⋅ Aug 6, 2013 8:05 PM

So what do you think happens tomorrow?

24SevenCharts

⋅ Aug 6, 2013 8:14 PM

watching the flag still. Will get the answer tomorrow. Surprisingly flat afternoon

24SevenCharts

⋅ Aug 7, 2013 1:56 PM

we got the flag break :)