Macro Weakness Leaking Into Travel EXPENASDAQ:EXPE
I hope you all enjoy this chart. It's one of my favorite that I've left largely untouched since I began tracking it in 22-23!
These levels and patterns are gold bc they've been confirmed by price action over and over.
I expect EXPE to test 142-136 in coming weeks.
1EXPE trade ideas
Master Price Action Trading With Expedia Group StockExpedia Group NASDAQ:EXPE stock is dropping as expected. This decline highlights the importance of understanding supply and demand imbalances, particularly on larger timeframes like the monthly chart, which many traders often overlook. Ignoring these imbalances can lead to costly mistakes, as evidenced by the current bearish price action in $EXPE.
The strong imbalance at $195 per share is helping the stock price to drop as expected. We can see bearish price action being formed with room to drop much lower. There is room to reach the latest bullish impulse in the monthly timeframe.
Expedia Group (EXPE): Travel Demand Fuels Stock MomentumExpedia Group, Inc. (EXPE) is a major player in the online travel industry, helping people book flights, hotels, and vacation rentals with ease. With brands like Expedia, Hotels.com, and Vrbo, the company connects travelers to destinations worldwide. Growth is fueled by the increasing demand for travel, digital booking trends, and partnerships with hotels and airlines that expand its offerings.
On the stock chart, EXPE recently showed a confirmation bar with increasing volume, moving into the momentum zone, which happens when the price moves above the 0.236 Fibonacci level. This signals growing investor confidence and potential for further gains. A trailing stop can be set using Fibonacci levels with the Fibonacci snap tool, helping traders protect profits while allowing room for continued growth. Risk and trade management is key to staying in winning trades without exiting too soon.
Expedia: Consider Holding Position Amid Market Volatility
- Key Insights: Investors should remain cautious on Expedia due to ongoing
market volatility influenced by geopolitical tensions and tariff
implications. Although long-term growth prospects remain appealing in the
travel sector, immediate fluctuations may pose risks. Monitoring economic
indicators and corporate performance metrics will be essential to navigate
this landscape prudently.
- Price Targets: Based on current analysis, the targets for next week are
outlined as follows:
- Next week targets: T1 at 186.05, T2 at 190.00
- Stop levels: S1 at 163.50, S2 at 160.00
This structure aligns with the current market price of 170.95 and preserves
appropriate safety margins for potential long positions.
- Recent Performance: Recently, Expedia's stock has navigated a volatile market
landscape, reflecting broader economic uncertainties and fluctuating market
sentiment. The price movement appears reactive, adjusting to both
macroeconomic news and sector-specific developments, which have strained
investor confidence.
- Expert Analysis: Analysts continue to emphasize a cautious outlook amidst
uncertainties in trade relations and inflation concerns. While a
stabilization trend in inflation has emerged, the prevailing sentiment
indicates apprehension about sustained growth. Experts advise investors to
monitor central bank communications carefully, as these will likely
influence market trends moving forward.
- News Impact: Notable recent developments regarding tariff announcements have
created additional layers of complexity for travel-related companies like
Expedia. Increased operational costs and potential barriers to international
travel are top concerns among investors, suggesting that without clarity on
trade negotiations, Expedia could experience continued pressure in its stock
performance.
Expedia May Be OversoldExpedia hit a new multiyear high last month, and now it’s pulled back.
The first pattern on today’s chart is $168.45. It was the low on November 6, one day after the Presidential election. EXPE has held the level since last Thursday, which may suggest it’s become new support.
Second, the 50-day simple moving average (SMA) crossed above the 100-day SMA in August and the 200-day SMA in October. The 100-day SMA then moved above the 200-day SMA. The resulting sequence, with faster SMAs above the slower ones, is potentially consistent with an uptrend. (See the yellow arrows.)
Next, stochastics have dipped to an oversold condition.
Finally, bullish gaps after the last two quarterly reports may reflect improving fundamentals in the travel stock.
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Expedia Could Be Traveling NorthExpedia has gone nowhere for most of the year, but some traders may think the travel stock has begun a northward journey.
The first pattern on today’s chart is the bullish price gap on August 9 after earnings and revenue beat estimates. EXPE has made successively higher lows every session since then, which may indicate that buyers are in control.
Second, prices are near the 200-day simple moving average (SMA). The stock is also negative on the year (notice its high from early February). Could that longer-term lethargy create opportunity for shorter-term bulls – especially after a strong quarterly report?
Third, there could be reason to think it’s happening: Notice how MACD has turned positive and the 8-day exponential moving average (EMA) crossed above the 21-day EMA.
TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. See our Overview for more.
Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors.
Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges.
TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
Expedia's TurbulenceExpedia Group ( NASDAQ:EXPE ) has long been a dominant force, connecting millions of travelers with their dream destinations. However, recent turbulence in the travel industry has sent shockwaves through the company, leading to a sharp downturn in its stock value. Let's delve into the factors behind Expedia's ( NASDAQ:EXPE ) recent struggles and explore the implications for investors and the wider travel market.
Softening Air Fares and Revenue Warning:
Expedia's ( NASDAQ:EXPE ) shares plummeted by a staggering 19% following a sobering revenue warning for 2024. The culprit? Softening air fares, which have seen a downturn from the post-pandemic highs. This revelation came as a blow to investors, signaling a potential slowdown in the company's revenue growth rates. The impact was exacerbated by the grounding of Boeing's 737 Max 9 fleet, resulting in numerous cancellations that directly affected Expedia's ( NASDAQ:EXPE ) Vrbo brand.
Leadership Transition:
Adding to the uncertainty, Expedia ( NASDAQ:EXPE ) announced a leadership transition, with CEO Peter Kern stepping down from his position. Kern's departure, coupled with the appointment of company insider Ariane Gorin as his successor, raised questions about the company's strategic direction in the face of evolving market challenges.
Analyst Insights:
Industry analysts echoed investors' concerns, highlighting the decelerating growth trajectory and the near-term challenges ahead. Wells Fargo analysts characterized the situation as an "acceleration story" that is now decelerating, underscoring the complexity of the CEO transition amid turbulent market conditions.
Financial Performance:
Despite the bleak outlook, Expedia ( NASDAQ:EXPE ) managed to deliver better-than-expected adjusted profits, buoyed by resilient demand during the holiday season. This unexpected bright spot provided a glimmer of hope amidst the gloom, but questions lingered about the company's ability to sustain profitability in the face of mounting headwinds.
Investor Sentiment and Valuation:
Investor sentiment soured further as Expedia's ( NASDAQ:EXPE ) first-quarter guidance fell short of expectations, with revenue growth projected to be in the mid-single digits range compared to a consensus estimate of 9%. This discrepancy raised concerns about the company's ability to meet market expectations and fueled doubts about its valuation relative to competitors like Booking Holdings.
Conclusion:
Expedia ( NASDAQ:EXPE ) finds itself at a crossroads, grappling with a softening travel market, leadership transition, and investor skepticism. While the company has demonstrated resilience in the face of adversity, the road ahead remains fraught with challenges. Investors must carefully evaluate Expedia's strategy and execution amidst evolving market dynamics to navigate these uncertain times.
📈 Earnings Spotlight for February 8th!Attention investors! A fresh batch of earnings is on the horizon, promising to deliver a wealth of insights across various sectors. Here’s the scoop on what to expect:
🥤 PepsiCo ( NASDAQ:PEP )
The beverage and snack giant is fizzing up with an expected EPS of 1.72 and revenue of 28.40B. Known for its consistent performance, will NASDAQ:PEP quench the market's thirst with another solid quarter?
🌿 Canopy Growth Corporation ( NASDAQ:CGC )
The cannabis sector is always a wild card, and NASDAQ:CGC is no exception. With an anticipated EPS of -0.37 and revenue of 55.44M, investors are watching closely to see if they can trim the losses and grow their market position.
💻 Affirm Holdings ( NASDAQ:AFRM )
In the hot seat of fintech, NASDAQ:AFRM is expected to report an EPS of -0.72 and substantial revenue of 520.62M. Can they affirm their strategy amidst competitive headwinds?
☁️ Cloudflare ( NYSE:NET )
As a key player in cybersecurity, NYSE:NET is shining with a forecasted EPS of 0.12 and 353.10M revenue. Will they continue to outperform in the fast-growing cloud space?
✈️ Expedia Group ( NASDAQ:EXPE )
With travel demand heating up, NASDAQ:EXPE has an EPS expectation of 1.68 and revenue of 2.87B on the radar. Eyes are on whether they can capitalize on the travel rebound.
🏥 DexCom ( NASDAQ:DXCM )
In the medical devices arena, NASDAQ:DXCM is anticipated to post an EPS of 0.43 and a robust revenue of 1.01B. The question is, can they continue to innovate and expand in the competitive healthcare market?
As these companies pull back the curtain on their financial health, their results could send ripples through the market. Keep your portfolios tuned in for potential surprises!
#EarningsSeason #FinancialForecast #InvestmentTrends
$EXPE Double Top PierceUnderstanding the Double Top Pierce in NASDAQ:EXPE
1. **Double Top Formation**: Typically, a double top pattern is identified by two consecutive peaks at approximately the same price level, signaling a potential bearish reversal. It indicates that the stock tried to surpass a high price point twice but faced resistance.
2. **Piercing the Top**: In the case of a 'Double Top Pierce,' NASDAQ:EXPE has not just reached but exceeded the peak level of the double top formation. This piercing action suggests a shift in market sentiment or underlying strength in the stock, potentially countering the bearish implications of a standard double top.
### Implications for NASDAQ:EXPE
- **Bullish Indication**: The pierce through the double top can be interpreted as a bullish sign, indicating that buyers are in control and pushing the prices beyond previous resistance levels.
- **Need for Confirmation**: It’s crucial to look for confirmation of this pattern. Confirmation could come in the form of sustained trading above the double top level, increased volume, or other bullish technical indicators.
- **Watch for Retests**: After breaking through the double top level, it’s common for the stock to retest this level, now acting as a support. How the stock reacts to this retest can give further insights into its future direction.
### Trading Considerations
- **Entry Points**: For traders considering entering a position in NASDAQ:EXPE , the piercing of the double top might offer a potential entry point, especially if other indicators align bullishly.
- **Risk Management**: It's important to set stop-loss orders below the newly established support level (the former double top peak) to mitigate potential losses should the trend reverse.
The Double Top Pierce in NASDAQ:EXPE ’s chart is a noteworthy development, indicating a possible bullish shift. However, traders and investors should closely monitor the stock for confirmation and consider this pattern in conjunction with broader market analysis and individual risk tolerance.
Expedia Group Inc (EXPE) Reports Record Revenue and ProfitsExpedia Group Inc (NASDAQ:EXPE) reported record revenue of $3.9 billion in Q3 2023, a 9% increase compared to the same period in 2022.
The company's net income for the third quarter was $425 million.
Lodging gross bookings at $18.5 billion grew 8% compared to 2022, and were at record levels for any third quarter.
Expedia Group Inc (NASDAQ:EXPE) announced a new $5 billion share repurchase authorization.
Expedia Group Inc (NASDAQ:EXPE) reported record revenue of $3.9 billion in Q3 2023, a 9% increase compared to the same period in 2022.
The company's net income for the third quarter was $425 million.
Lodging gross bookings at $18.5 billion grew 8% compared to 2022, and were at record levels for any third quarter.
Expedia Group Inc (NASDAQ:EXPE) announced a new $5 billion share repurchase authorization.
On November 2, 2023, Expedia Group Inc (NASDAQ:EXPE) released its financial results for the third quarter ended September 30, 2023. The company reported record revenue and profitability, surpassing its guidance and reflecting the resilience of travel demand and continued improvements from the execution of its strategy.
Financial Highlights
Expedia Group Inc (NASDAQ:EXPE)'s revenue for Q3 2023 was $3.9 billion, a 9% increase compared to the same period in 2022. The company's net income for the third quarter was $425 million. The company's B2B revenue at $995 million was a record and was an increase of 26%, compared to 2022.
Price Momentum
EXPE is trading near the top of its 52-week range and above its 200-day simple moving average.
Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.
EXPE Expedia Group Options Ahead of EarningsAnalyzing the options chain and the chart patterns of EXPE Expedia Group prior to the earnings report this week,
I would consider purchasing the 92usd strike price Puts with
an expiration date of 2023-11-3,
for a premium of approximately $3.30.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
EXPE Expedia Group Options Ahead of EarningsAnalyzing the options chain and the chart patterns of EXPE Expedia Group prior to the earnings report this week,
I would consider purchasing the 120usd strike price at the money Calls with
an expiration date of 2023-8-18,
for a premium of approximately $5.70.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
$EXPE Reported Earnings And The Stock Sold OffNASDAQ:EXPE Reported Earnings And The Stock Sold Off. The company beat analyst expectations for earnings per share, but missed expectations for revenue. Revenue: EXPE reported revenue of $3.36 billion, missing analyst expectations of $3.42 billion. Support price is at the double bottom around $87 we are going to wait until hits that level before buying.
$EXPE Beautiful Cup & Handle 🔥NASDAQ:EXPE with Beautiful Cup & Handle ☕️
As you can see on the chart the stock after long consolidation ready to break this levels.
✅ Enter the trade above 125.01
❌ Danger zone between 124.95 - 137.37 means that i would like to see the stock pass above this area fast as possible. if it stuck there for long time that can be a bad sign.
Above that there is a Open Sky for huge target 🎯🔥. there is no specific price because the sky is wide open.
If do you have any questions feel free to ask 😊
Expedia is undervaluedExpedia is undervalued, high quality, financially healthy and expects decent growth in the future. Expected ER first week of August. Several indicators and machine learning scripts suggest, that NASDAQ:EXPE could get to $108.47 soon.
*Disclaimer*
The information is purely for *entertainment* purposes, and is not meant to be, and does not constitute, financial, investment, trading, or other types of advice or recommendations. Do Your Own Due Diligence (DYODD)
Unchanged YearThe month of May was brutal for EXPE with the stock loosing over $100 worth of price value going from $200 down to around $90 a share. Since July of 2022 we have seen some slight range bound movement with price making its way right back to around the $92 price point as of today. With earnings coming out negatively for the last the quarters, revenues continue to roll in. I'd be curious to see how EXPE performs in the coming years as AI begins to play a larger part in the way that people travel.
Expedia Group Stock: A Hidden Gem for Long-term InvestorsAre you looking to invest in the travel industry but don’t know where to start? Look no further than Expedia Group! This hidden gem of a stock is an excellent opportunity for investors interested in the growing and ever-evolving world of travel. With its impressive history, innovative technology, and strategic partnerships, Expedia Group has cemented itself as a leader in the industry. So why not join the journey? In this blog post, we’ll explore why investing in Expedia Group can be a smart move for your portfolio. Get ready to pack your bags and come along for the ride because there is a new and strong imbalance created at HKEX:89 per share. This is going to be a long ride, hopefully.