YELP Triangle

23 Nis 2020

Have been watching this YELP triangle forming the past few days. Neutral sentiment right now. Technically the trend looks down, but ready to buy on breakout from the top trendline or short on breakdown from the bottom trendline. We don't have to choose a side in advance. Let the market show us, and be ready to take action.

29 Nis 2020

Yorum

This may be the breakout

1 May 2020

Yorum

Failed breakout that is?

5 May 2020

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A second failed breakout. Now this feels like a short candidate.

6 May 2020

İşlem aktif

Went short this morning

7 May 2020

Yorum

hourly chart: maybe i was wrong here.. top of triangle seems to be holding as support now

7 May 2020

Yorum

Earnings call tonight. Stock seems to be tanking in afterhours ahead of earnings call :)

8 May 2020

İşlem elle kapatılmış

Things were just not looking right. Got out for a small loss 5 minutes before eod.