AlfonsoMoreno

Expedia group stock supply and demand analysis

Short
NASDAQ:EXPE   Expedia Group, Inc.
Ever wondered how to trade stocks without using any kind of indicators, fundamental analysis or volume analysis? You don’t need any special tools to learn how to trade stocks.

As a beginner, it shouldn’t be that difficult to place a high probability trade on stocks, you don’t need a university career either. When trading stocks using a supply and demand strategy, you don’t need to pay attention to anything else but price action and the strength of the imbalance.

How to trade Expedia Group stock using a supply and demand strategy
On Expedia Group american stock #EXPE we have located a super strong supply imbalance around $135 per share. That’s the kind of imbalance we are looking for and where we are interested in selling Expedia Group stock. You don’t need to pay attention to fundamentals or earnings announcements, why should we?

Clear short bias on Expedia Group, price action analysis is also telling us that selling is the way, but not now, we need to wait for the retracement.

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