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LeLaf
Jul 22, 2020 2:45 PM

YELP: Ascending Triangle Long

Yelp Inc.NYSE

Description

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
Comments
LeLaf
Bouncing off 21,80 support. Watching
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