Expedia gap fill potential via Wave 3!
Both Expedia and Trip Advisor had a rough 2019. Expedia’s shares were down ~10% in 2019 while TripAdvisor’s shares were down around 40%. Expedia fired their CEO and CFO which was seen favorable by shareholders. A successor will be found soon, and the announcement alone could fill the gap, with professionals from the likes of Uber and Zillow being tossed around. Risky play, but fat, fat reward. I am long the stock via call options (late January expiration).
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.