Ascending Triangle formed into an Uptrend Corridor and new support confirmed multiple times on the 5-min chart on 25th Aug.
About the entry, you have two options. Chasing the price entering with a Buy Stop order or waiting for a better entry with a Buy Limit. It comes down to your appetite for risk and current trade situation - I will most likely go ahead with a...
EXPEDIA has major consolidation in the $108 to 114 area. I expect to get in this volume range and stay there till after the election or until we get news on COVID
Looking at some travel & leisure related names -MAR HLT BKNG CZR- and like the way this $EXPE chart looks. Have a 3 month consolidation in channel with a triangle forming at the end. Looking for us to hold $91 this week to fill the gap at $92 and potentially push higher. If we retest $90 or $90.50 and hold could be a great place to enter into 9/18 $95 calls. If we...
Hey traders, EXPEDIA GROUP is in a bullish continuation low sales volume she wants to turn around see TIMEFRAME 30 15 5 Min. Strong potential to reach the next higher which corresponds to half of the median and between there is an area with a significant resistance check the area of decision.
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$EXPE Expedia is one more example of the distorted stock markets. In the last three months despite the negative EPS and Basic EPS at nearly -11, we saw almost 29% gain in the last three months just to tag a previous long-term consolidation rectangle. What are the expectations fundamentally of this stock buyers have you ever taught about that?
Expedia has risen up nearly 50% during Q2 in 2020. A market that many believed would be shocked by coronavirus shockwaves continues to thrive as traveller are looking to get away from high risk areas. Meeting some resistance levels now from previous highs, we may see a slight dip in price before next earnings rallies.
With implied volatility at an all-time high, it seemed safer and more straight forward to short stocks instead of buying put options. I've been monitoring Expedia for abit and it seems like while there has been price retracements upwards the volume has been decreasing. The move up, in my opinion is driven by the stimulus measures.
The stimulus measures are...
This week I did something a little different & asked if anyone had any request for the weekly video. One of those requests was Expedia, which actually had a pretty decent technical setup on it. Ideally, I'd like to see this ascending Triangle setup come after a bullish move as it's normally a continuation pattern, but I've seen it work this way in the past too....
