EXPE is bearish zone-Downtrend
-RSI is bearish
- MACD is bearish
- Stochastic is bearish
Please add your inputs
Expedia
EXPE Long setup for summer travel seasonI'm very new to this so would appreciate comments on my analysis. Thanks!
EXPE has good fundamentals and growth in HomeAway. I will book travel this summer with Expedia subs. 3 in 5 coworkers will too. Glassdoor rating high with 96% CEO approval.
EXPE Blow-off top as fake out, back to rising wedge supportA nice blow-off top as a fake out on EXPE should make it's way back to the rising wedge support. Fake out seems confirmed by negative divergence on RSI and OBV.
T1 Jun15-Jul15: 92.74
T2 Jun15-Aug15: 88.57
Betting on the continuation of Expedia's ranging marketEntry price is $88 with one dollar stop loss, aiming for a fall towards eighty-two dollars. If successful, the reward would be six-fold the risk.
Full analysis: jmak.ws
