Short idea EXPEDIA (update)We seem to be well placed for a NASDAQ:EXPE short on the 50MA test. Heavy short volume at that level, which also coincides with elliott waves
1EXPE trade ideas
EXPE - Short IdeaBroke out of the coil and has room to find support at lower levels.
Not financial advice
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.
EXPE ,,,BreakoutUptrend
In my view, the chart is inside an uptrend and as you see, there is a breakout on the chart as a good trigger for getting a buying position. Work on it by setting a SL at about 145 and next trend line can be a target in a short term.
$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 😊
EXPE - Bottom RecoveryA recovery idea for EXPE.
Extension up to a higher high trend line for the retest.
This is a sharp reversal pattern as a result of a strong bottom.
Daily timeframe.
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.
EXPE looking weakExpedia is looking weak and might be finally breaking down. All attempts to get over the 5MA have failed in the last week. I see this going lower.
EXPE - Descending Triangle - BearishOn the chart of Expedia (EXPE), we can see a descending triangle. A descending triangle is a bearish formation.
The price has already broken the support and is now retesting the support. When the support turns into a resistance a short position can be taken. The price is likely to drop more until it has reached its target.
All further details are shown on the chart.
Goodluck!
RectangleNeutral pattern until broken.
no recommendation.
Earnings 11-3/short interest is around 3.75%
EXPE ANALYSISThis and others in Travel services are heavily beta on the US index
that aside if this zone breaks its finished
looking at the debt to equity of some of these companies
and roi im not pleased
SENNA SEASON
$EXPE Swing trade idea - Risk OnNASDAQ:EXPE
This is a simple TA and swing trade that could be placed with options or shares to the upside. Hoping the have Expedia retake some lost ground in from recent gap down. Risk is that there is also a small gap below as well that the stock found itself in but hit resistance. With travel booming this seem like a good play but tomorrow's meeting in Jackson Hole may weigh heavily on this trade. Enjoy!
A full-chart 5D Elliott Wave Analysis of ExpediaStill in a downtrend forming a triangle. An extremely rare flat pattern with an expanded triangle as wave B. Also, a very rare expanding ending diagonal in wave (3).
Long | EXPENASDAQ:EXPE
Possible Scenario: Long
Evidence: Price Action
TP1: 111$
TP2: 120$
This is my idea and could be wrong 100%. do your own DD.
EXPE 200MA SupportComparable points, a dip and then recovery back to above the 200MA
Simple yet effective analysis
Continuation should follow as it did in the first situation
