This and others in Travel services are heavily beta on the US index
that aside if this zone breaks its finished
looking at the debt to equity of some of these companies
and roi im not pleased
SENNA SEASON
NASDAQ:EXPE
This is a simple TA and swing trade that could be placed with options or shares to the upside. Hoping the have Expedia retake some lost ground in from recent gap down. Risk is that there is also a small gap below as well that the stock found itself in but hit resistance. With travel booming this seem like a good play but tomorrow's meeting in Jackson...
Still in a downtrend forming a triangle. An extremely rare flat pattern with an expanded triangle as wave B. Also, a very rare expanding ending diagonal in wave (3).
Comparable points, a dip and then recovery back to above the 200MA
Simple yet effective analysis
Continuation should follow as it did in the first situation
The PEAD projected a Neutral outlook for $EXPE after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 66.67%.
EXPEDIA, another re-opening stock is looking better than ABNB & still above major DMAs. It is now exactly at 177, a 50% Fib level & also the middle of my consolidation box.
Holding 177 will see a retest of upper box. Losing 177 will see 150 next.
Not trading advice
Price has been battling the top trendline of the triangle for several trading days.
An ascending triangle is considered bullish but any triangle is neutral until a trendline is broken with a trend in that direction.
This is also ABC Bullish. This is a measured move down and target is D.
No recommendation.
$MAR $EXPE setting up mini coils in these strange unclear bases.
The positive? Volatility contracting on the right side.
Many re-opening plays looking like this.
These would be my favs to play that group.
Seeing active call buying in the 210 strike at ask,
technically a nice cup and handle breakout with a retest, now lets see if we get a bounce , I assume that's what the whale trader is speculating on.
I can see 220 as upside target next few weeks so long as the 9ema holds (purple line)
I went long APR 210 calls
