Double bottom formation at 143-143 range. support in the 100 moving average, lower Bollinger Band and Stochastic RSI indicating security is lightly oversold.
Risk/Reward 2.8
Looks like EXPE is running along the bottom of a long-time channel. Some volume and a nice green day could be the beginning of a nice run for this one.
ENTER 121.04
STOP 118.40
TARGET 138.60
The trade is in the direction of the current trend: ascending impulse with symmetrical triangle. Nice candle signal supported with the hidden support and 50MA line.
Do you like it?
In the course of the last trading year, the price was not sustainably able to surpass the intermediate high at approx. $133.00 from the year 2015. Since then, a mid-term downward trend has formed, offering attractive chances for short entries.
If prices stay under $126 the stock has good chances to go down to targets at $107 and later at $98.
EXPE was a Presidential picks & Xmas wish-list, nicely it hits its First target of $113 form $122.87 & now we are looking for a second zone trade opportunity.
It is running within a big upward channel formation & we are looking for a break of upward channel.
Trade Criteria
Entry Target Criteria- Break of $83.13
Exit Target Criteria- $111.13
Stop Loss...
MoneyHour$-Breather signals a Buy for EXPE - always use a Stop Loss with 8% and wait for Sell signal of my Breather
My Market Breadth calculation shows a positive (green) environment
