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GravityTrades
Jun 26, 2021 12:35 AM

EXPE Worth Watching for a Breakout Long

Expedia Group, Inc.NASDAQ

Description

EXPE starting to get real tights on the daily and setting up to breakout. I think its worth a watch towards the upside as a re-opening trade.

If it breaks out towards the upside I don't see a reason why it won't test highs and possibly continue running.

IF it breaks lower I see it fall back down towards $153 level.

July 16th or later Call options is what I would take on the breakout.
Comments
Avatar_Trading
Agree! Major call volume as well. Although of the contract’s expiration isn’t until 2023
GravityTrades
@Ramhusk, Yes that is true. I just saw major unusual call flow for the $195 calls for 2023 almost 10k volume.
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