Similar to our play on WYNN this EXPE long is on the notion that people are chomping at the bit to get out and travel.
It's better a better play than that airlines as these booking systems use technology and cover more than just air travel.
MACD looks splendid!
R isn't the best on this initial set-up but we will set an alert and move it higher if it starts...
Expedia will explode when travel demand picks up as vaccine distribution continues. It is currently sitting on an attractive entry point.
Volume has decreased in the past few days, indication the sell off from the last few days might be at an end.
Reasons for short :
-I believe EXPE will underpreform it's peers ( BKNG and TCOM ) . I have compared the three and EXPE has the worst fundamental metrics ( BKNG and TCOM look good ) .
-Forward P/E of 228.7
-Price to book is 12.18, high
-Although with a quick ratio of 1.20, they have cash to meet short term debt payments , EXPE Debt over equity at 5.41 is...
Perfect swing trade set up here! Ascending triangle on daily with some gap above it that still needs filled! Huge Resistance point near 140 which is where I am setting my PT. Will look to take a position at any dip inside of this pattern.
I really like this EXPE long above 130.05 because it has been tightening up and is forming a wedge formation breaking out through the bull flag. Do I think this trade will reach the 5:1 quick? No, but I can see this slowly grind to the 5:1 and cross through ATH at 161.
$EXPE posted worse than expected earnings with the PEAD projecting a bearish outlook for the stock, Currently price is trading between the lower boundary of the PEAD cone and the median line.
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This price move could indicate a change in the trend, and may be a buy signal for investors. Tickeron A.I.dvisor found 41 similar cases, and 31 were successful. Based on this data, the odds of success are 76%. Current price $102.80 crossed the support line at $100.65 and is trading between $106.65 resistance and $100.65 support lines. Throughout the month of...
We traded EXPE a couple of weeks ago , and we made a decent 4% return.
Ascending Triangle broken out after a 3-month correction following a great bull run. Multiple support confirmation on the 5-min chart. Support manage to hold up quite well even during the recent meltdown. Indicators are obviously not on our side, since we are playing the bounce.
- 6-month...
