YELP Triangle

23 thg 4, 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 thg 4, 2020

Ghi chú

This may be the breakout

1 thg 5, 2020

Ghi chú

Failed breakout that is?

5 thg 5, 2020

Ghi chú

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

6 thg 5, 2020

Giao dịch đang hoạt động

Went short this morning

7 thg 5, 2020

Ghi chú

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

7 thg 5, 2020

Ghi chú

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

8 thg 5, 2020

Giao dịch được đóng thủ công

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