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Yelp (YELP) stock exploded higher this week after the stock broke several key resistance levels and was then upgraded with an $81 price target. YELP is a strong buy stock for the long term because their business is growing rapidly. YELP will now have resistance around $65 & $70 with support at $60. 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.
Also see - Top Stocks 2014 - Top Stock Gainers 2013
