Well, zoom out to see the full view.
There is a strong resistance line starting from NOV. 2018 meeting with the support line which started from the lowest point for the stock itself so I expect there will be a bullish recovery by the end of this month also it will be supported with the recovery of the touristic flights.
If you like the idea or you have a...
As you can see on the 29th of July it hit a strong resistance line which leads to the loss of almost 6% of its price.
Hopefully, after the earning report within 3 days, there will be a corrective increase.
I will be happy if you share your opinions here ;)
Happy trading
Observations.....
Trading below trend line resistance : 19.23
Cmp : 18.03
Immediate support : 16.79 / 15.77
Strategy : Sell on rise...
Any close above 19.23 then trading range will be 19.23 to 20.84
Below 15.77 consolidation phase upto 14.53
Overall observation: sideways rangebound trading expected....
After break $21.24 out it fell below it but made "lower high" which is a good sign for an uptrend.
12 months Consensus Price Target: $27.05
if you find my charts useful, please leave me "like" or "comment".
Please don't trade according to the ideas, rely on your own knowledge.
Thx
Contextual immersion trading strategy idea.
TripAdvisor, Inc. operates as an online travel company. It operates in two segments, Hotels, Media & Platform; and Experiences & Dining.
The demand for shares of the company looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from...
Bullish move above the 100ma , next target to top of channel @ $27.
Very speculative and highly volatile.
12% short interest
MACD and Histogram bullish
First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. That being said, I think the whole reason for TripAdvisor's recent bearish run is quite obvious, and the reason why it broke resistance recently is also quite obvious. This is why, I am saying the current price is likely low to mid risk at most,...
TRIP is doing very bad. With countless technical mistakes the stock is poised to drop towards 25 or lower, also confirmed on 'weekly' and 'monthly'. The stock was not able to remain above two major lows, and therefor is now required to retest the all-time low. Not much is needed to add to this as this chart speaks for itself.
RSI:
Keep it simple!
Looking at TRIP on the Monthly we can see an important range at 29-30 was held, showing strong signs of support (Green box). This was the buy zone I told people about. From here we have seen a 6% rise and looks like it is on route for the first profit target (Orange box) at 34. This trade I have set three major profit targets (orange boxes), where...
Hi, today we are going to talk about TRIP
We observe a D1, some important points. The details are highlighted above.
Thank you for reading and leave your comments if you like.
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