Bulls tried to get the stock up in Friday's pre-market but failed and the stock is back into a downtrend
I don't see any reason why the stock will go up
Weak earnings, MACD is heading down, the stock is right under MAs (20,50, 200)
Watching closely on Monday for an entry point
Despegar.com, Corp., its an online travel company that provides a range of travel and travel-related products through its websites and mobile applications in Latin America. The company operates through two segments, Air; and Packages, Hotels and Other Travel Products. The company offers airline tickets; travel packages, hotel rooms, car rentals, bus tickets,...
This is a great little company focusing on growing Latin America market. Expedia of Latin America. Was beaten down with Covid and now it looks like it's breaking out of the downtrend. There is a lot of pent up demand for the next few Qs for them to capitalize one...
Sigue en tendencia bajista de corto plazo. Perforo el retro. de Fibo 0,382 y encontro nuevo soporte en los 7,55
Continua una baja pronunciada en el volumen, que de continuar la misma podria llevar el precio a los 7,30 aprox.
Se nota la baja de volumen ante el precio decreciente desde el pico max en 9,73 del 5/6
Creo que la baja se termino en 7,78 (0,618 de retro Fibo), cualquier aumento en el volumen se da al alza.
