Yelp (YELP) stock has been rising lately after OPEN was bought by PCLN. YELP will need to beat earnings and revenue and raise guidance for the stock to increase from here in the short term. Right now, YELP will have resistance at $78 with support at $72. Long term, I have a $190 price target on YELP for the next 3-5 years. I continue to hold 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 2014
