Contrarian may be wrong way to trade but in this case, TRIP is so hated it may actually be time to step in for what would be a very rewarding trade.
Fundamentals really have little influence on this as there is nothing positive to really cling to.
Technically the chart is showing some bullish divergences and the selling volume is starting to reduce considerably,...
This quarters earnings release could be pivotal for TRIP currently sitting at the average Analysts price target any earnings surprise will bring a array of upgrades just like last Fridays by Deutsche Band analyst Lloyd Walmsley, who upgraded the stock to buy from hold. "While we expect hotel shopper growth...and overall to look worse in 1Q19 as the company...
Still under water but NO more. Expecting a powerful er from this (May 7th) and should hit near 56-57 or more post er. Not to be missed name.
I have this:
TRIP: Jun 21st---65 calls
