$44.19 solid support line, smaller arrows show where the stock stopped moving/price pivoted
Trending resistance has now forced a wedge that will squeeze the YELP price north towards confirmation of that trending resistance line. Enter volume and favorable SENTIMENT and we will see a breakout north to $46.77, a price point that YELP finds comfort in, as indicated from Aug 27 - Sept 4
Will YELP prove me right? It's stocks, i have no idea!
Let's see what happens!
**DISCLAIMER - I am not a professional stock guy, please seek professional advise on all your stock moves. This is a hobby of mine.