Looking at some travel & leisure related names -MAR HLT BKNG CZR- and like the way this $EXPE chart looks. Have a 3 month consolidation in channel with a triangle forming at the end. Looking for us to hold $91 this week to fill the gap at $92 and potentially push higher. If we retest $90 or $90.50 and hold could be a great place to enter into 9/18 $95 calls. If we break below $90 it is likely our trend line will be retested which we will look to hold if we are to maintain pattern.
Another interesting thing here is the daily squeeze momentum pushing up, from red to white dots but not yet releasing. Potentially a setup for a release & multi-day run.
Another interesting thing here is the daily squeeze momentum pushing up, from red to white dots but not yet releasing. Potentially a setup for a release & multi-day run.
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Update: Daily Squeeze fully released, opened up & retested in first 5 minutes before running
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I'm still looking for more from EXPE.