$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...
Hello Traders,
YELP is showing signs of bullishness. Applying the Predictive/Forecasting model gives us the following numerical targets:
High Probability = 50.38
Medium Probability = 57.40
Low Probability = 67.69
Note the Fibonacci matrix to the left. The Medium and Low Probability targets line up closley with the 0.5 and 0.382 levels of the Fibonacci matrix....
With the previous earnings causing the stock to gap, I would anticipate this to continue to traveling in the same direction in the coming weeks. A retrace back down to the $44 price area is about a 100% retrace from the previous earnings gap/open.
If you open up your iphone's map application and search around for food you'll see that $AAPL will direct you towards $YELP's platform. Ultimately this shows that #apple has interest in #yelp's success and would compete against #GOOGL to make sure they sustain their market position. Do you think $AAPL would really want to lose to $GOOG maps?
I don't see anything...
HTZ puts the pedal to the metal on Monday after market close and is at the 52% mark of its 52-week range and has a 30-day implied of 75%.
Due to its size, I'd probably only go short straddle: the Aug 17th 16 short straddle is paying 2.28 with a 25% take profit of .57.
YELP shout outs its earnings on Wednesday (8/8) after market close (rank 66/30-day implied...
$YELP forming a short-mid term falling wedge here. Fundamentally I am bullish on this stock for several reasons. I like the improvements in Yelp's operational efficiencies (more profitable it looks) and also its 0 debt position.
YELP's price didn't really move much this year, while I still like their business that has great potential (although their POTENTIAL didn't do much these years)
Looking for a trade to long is not too crazy compared to the GRUB's rally.
Here we got a bullish bat pattern, which is also near the gap from the ER last August.
If it can have solid reversal sign near...
$YELP forming a short-mid term falling wedge here. Fundamentally I am bullish on this stock for several reasons. I like the improvements in Yelp's operational efficiencies (more profitable it looks) and also its 0 debt position.
Additionally, I think its ~3 billion dollar market cap make it a target for a company like $AAPL. Because when you open your iPhone's...
YELP ( $YELP ) beats ER by $0.02 and takes a dip. Revenue beat by +13%!!
Looks to me like a BTFD. I'm in @ 2X 6/1 $43 Calls.
We'll see what the reviews do over the rest of the week!
