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Monday, November 25, 2013

Yelp (YELP) Stock Analysis 11/26/13 November 26, 2013

Yelp (YELP) Stock Analysis 11/26/13 November 26, 2013 -

 
 

Yelp (YELP) stock finally dropped back into the $50 and I've been waiting for this move for over 2 months.  YELP is a strong buy stock for the long term because their business is growing rapidly.  YELP will now have resistance between $62-$65.  If Yelp drops back to $54, I will buy more stock in my long term portfolio.  I have a $190 price target on YELP for the next 3-5 years.  I continue to accumulate a large position in my long term account while trading it in my short term account.  Right now the average in my long term account is $53.56.

Also see - Top Stocks 2014 - Top Stock Gainers 2013