Unfortunately, YELP is set for a washout. The tape shows absolutely no interest in the stock for days. Plus any interest in the social media has subsided substantially after Facebook revenue shortfall.
TREND ANALYSIS
The current blog is dedicated to the trend analysis and tape reading. Unlike other blogs it DOES not focus only on the technical analysis. Rather it analyzes the whole spectrum of the market and beyond, such innovation trends, politics, and human psychology in general. As my trading experience has taught me everything counts in the market.
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