Yelp Inc

YELP remains in a Stage 2 advancing regime with a bullish medium-term bias, as evidenced by higher highs and lows above rising EMAs and continued demand via Devil’s Bargain and Lockout Rally patterns. Despite an overbought context and overhead resistance at the 200 DMA, price pulling back into the rising 9/20/50 EMA zone offers an attractive execution area. A Lockout Rally override supports immediate buy participation despite typical extension concerns. Key risks include rejection at the 200 DMA and failure to hold the rising EMAs.

• ↑Yelp Assistant AI use driving 400% YoY project submissions
• ↑Services revenue +8% YoY to $241M, showing pivot resilience
• ↓RR&O revenue declined 5% YoY on advertiser budget cuts