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Bixley
Aug 31, 2022 11:22 AM

YELP - Break Above Dominant Downtrend  

Yelp Inc.NYSE

Description

On this weekly chart a break above the dominant downtrend in red can be seen
This has been the source of many rejections and recoveries and now with it broken, price is free to move higher.
A lot of similar double bottoms accompany these recoveries

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