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Thursday, September 26, 2013

Yelp (YELP) Stock Analysis 9/27/13 September 27, 2013

Yelp (YELP) Stock Analysis 9/27/13 September 27, 2013 -

 
 

Yelp (YELP) stock is now trading sideways after hitting an all time high at $71.50 last week.  YELP is a strong buy stock for the long term because their business is growing rapidly.  YELP will now have resistance around $72-$75.  All major pullbacks are a strong buy going forward.  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