YELP Triangle

23 апр. 2020 г.

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 апр. 2020 г.

Заметка

This may be the breakout

1 мая 2020 г.

Заметка

Failed breakout that is?

5 мая 2020 г.

Заметка

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

6 мая 2020 г.

Сделка активна

Went short this morning

7 мая 2020 г.

Заметка

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

7 мая 2020 г.

Заметка

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

8 мая 2020 г.

Сделка закрыта вручную

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