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GMOTruths
2 lug 2015 15:29

YELP — Oversold.  Short

NYSE:YELP1D
Yelp Inc.NYSE

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Cover some and take profit.

Still bearish on YELP, and still short some, but covering most of it here. Price is now touching the lower channel of the downtrend. It might be oversold.

If I'm covering too early, I still made a bunch of money. I'd be OK with that mistake.
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