Hello Guys, Let's short Expedia, an overpriced stock which I see hitting 45 dollars in 1 up to 3 years. Detected spikes in volumes associated with long black candles and the long term oblique support has been broken. Final target for strategy at Us 45 Dollars. See you soon with new trading ideas, Simone
Potential nice short set-up in EXPEDIA. From an Elliott Wave perspective it looks to have formed a nice 5 wave decline from the TOP in wave 1 (or A) followed by an a-b-c in wave 2 (or B) to a Fib 50% retracement level. Would watch now for a potentail sharp decline in wave 3 below s/term uptrend.
Buy break of $135 for gap fill idea to $145 resistance. Not going to take this trade myself but just posting the idea for review later.
Long EXPE at 110.10. Its near the weekly trend line and had good earnings. Looking for a bounce to 130-133.
ok here is my Fav gap so far today.. If it gaps above my enter line I'm jumping in head first (Not in the shallow end) and taking this to my first target, if it breaks that it's going to exit 2 which is the 100MA on the weekly or going Kray Kray to the 200MA on the daily! Enjoy..
Travel and tours sectors correlation with Oil prices and plane fares
Hi guys. I thought this one was urgent. Going down recklessly fast but approached a critical zone imho. I wouldn't be surprised if this bounces but we need a daily confirmation. Thank you.
EXPE has formed a double top. indicators pointing down. overall down trend in the daily and below charts. overall up flat to up trend in the weekly and monthly. I would play this one over the next two or three weeks. do not stay longer than a month.
Tried yesterday but low volume. Likely catalyst needed or volume needed. Hoping for pcln to move it.
In the graph, the MACD indicato shows a blue line that represents the difference between the 26-period moving average minus the14 periods, while the mustard line represents the signal line (moving average for 9 periods). According to this indicator, whenever the blue line crosses the mustard line from above a short position must be taken, and in contrast each time...
I think Expedia are heading for an ABC-correction; get a trade in now and hold for the sole reason of dividend payouts as they'll peak in May next year and drop back to the same price they did w/e 27/10 . Having looked like they've never been overbought it's a personal surprise to me to find they've been shorted this hard (it's almost like nobody wants them to...
Two days of heavy sell volume at the 50 day SMA. Has been trading under the 50 day SMA for several days with a weak looking RSI.
EXPE broke long term support and has been in a falling wedge pattern for quite some time now, but it looks like it may be due for a breakout soon. Volume is building and the wedge is pinching. I also see positive MacD divergence which is always a good sign with this setup.