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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.
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