keithtmccartney

Going Long on Expedia w/c 30/10 [2017] - TP w/e 25/05 [2018]

Long
NASDAQ:EXPE   Expedia Group, Inc.
I think Expedia are heading for an ABC-correction; get a trade in now and hold for the sole reason of dividend payouts as they'll peak in May next year and drop back to the same price they did w/e 27/10 .

Having looked like they've never been overbought it's a personal surprise to me to find they've been shorted this hard (it's almost like nobody wants them to exist bar their hard Bull-following; by the looks of things they consistently have a 50/50 sentiment) but they've always got the confidence to keep that strength in check; jump in now, hold until 136.66 in late-May , then short until 122.10 in late-November .

Pending the outcome of the following reports (see below), the results should have proved a safe hold; again, jumping-in now (w/c 30/10 , jumping-out w/e 25/05 is suggested:

02/08/18: FY 2017 Earnings Release (Projected);
04/26/18: Q1 2018 Earnings Release (Projected);
10/27/17: CHINA INT'L TRAVEL SERVICE CORP : Q3 2017 Earnings Release;
10/30/17: ORIENTAL LAND CO., LTD. : Interim 2018 Earnings Release;
11/01/17: CTRIP.COM INTERNATIONAL LTD (ADR) : Q3 2017 Earnings Release;
11/02/17: CTRIP.COM INTERNATIONAL LTD (ADR) : Q3 2017 Earnings Call;

The above results information came from the following page: www.4-traders.com/EX...C-9605918/calendar/.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.