Get started
Bixley

YELP - Break Above Dominant Downtrend

Yelp Inc. (NYSE:YELP)  
Bixley  
NYSE:YELP   Yelp Inc.
Trend Analysis YELP
2
0
trendanalysis yelp
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

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.