Wyckoff Distribution on Expedia, probably the worst company for customer service on earth besides Comcast.
Low volume on the ups, large volume on selloffs.
H&S Shape with matching volume profile (low volume climbing, high volume dropping)
The chart looks good and I also hope this company ceases to exist so lets all hope I'm right!
EXPE is approaching our first resistance where we might see a corresponding drop in price.
Stochastic is also approaching resistance where we might see a corresponding drop in price.
EXPE is approaching resistance at 138.15 where we might see a corresponding drop in price to our first support at 120.25. Stocahstic is approaching resistance as well where we might see a corresponding drop in price.
EXPE is approaching our first resistance at 138.15 (horizontal overlap resistance, 61.8% fibonacci extension, 61.8% fibonacci retracement) where a strong drop might occur pushing price down to our first support at 120.25 (horizontal pullback support, 61.8% fibonacci extension).
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding...
EXPE reversed from resistance 138.15 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where it could potentially revese down to its support.
Stochastic reversed from its resistance where a corresponding drop could occur.
NASDAQ:EXPE Sell short below yesterday's low. See the chart for more details.
Please like, comment and follow if you like my ideas. THANK YOU!!!
Please note that this information is not a recommendation to buy or sell. It is to be used for educational purposes only.
Indicators all confirmed to the bearish side. Trading the trend, this is a great short or put.
First target: $120.48
Second target: $117.89
Happy Trading!
Hello Guys,
Let's short Expedia, an overpriced stock which I see hitting 45 dollars in 1 up to 3 years.
Detected spikes in volumes associated with long black candles and the long term oblique support has been broken.
Final target for strategy at Us 45 Dollars.
See you soon with new trading ideas,
Simone
Expedia Group, Inc., formerly Expedia, Inc., is an online travel company. The Company operates through four segments: Core Online Travel Agencies (Core OTA), trivago, Egencia and HomeAway. The Company's Core OTA segment provides a range of travel and advertising services to its customers across the world, through a range of brands, including Expedia.com and Hotels.com in the United States, and localized Expedia and Hotels.com Websites throughout the world, Orbitz.com, Expedia Affiliate Network, Hotwire.com, Travelocity, Wotif Group, CarRentals.com and Classic Vacations. The Company's trivago segment sends referrals to online travel companies and travel service providers from its hotel metasearch Websites. Its Egencia segment, which also includes Orbitz Worldwide (Orbitz) for Business, provides managed travel services to corporate customers across the world. The Company's HomeAway segment operates an online marketplace for the vacation rental industry.
This website uses cookies to ensure you get the best experience on our website. To learn more about cookies, including how to control cookies, please read our Cookies Policy.
EXPE
![EXPE: [EXPE] phase 1 -> Expect it to break the resistance](https://s3.tradingview.com/k/KkLFOrCv_mid.png "[EXPE] phase 1 -> Expect it to break the resistance")
