YELP Triangle

2020年4月23日

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.

2020年4月29日

注释

This may be the breakout

2020年5月1日

注释

Failed breakout that is?

2020年5月5日

注释

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

2020年5月6日

交易开始

Went short this morning

2020年5月7日

注释

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

2020年5月7日

注释

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

2020年5月8日

交易手动结束

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