Buy signal, week 2: confirmation closes bullish
Expedia rises 0.8% as its double bottom near 218 gets confirmed
Buy signal, week 2: confirmation closes bullish
Our view last week
Expedia is in week 1 of a new buy signal, already up 2.24% from entry. The setup quality indicator is 72 out of 100, in a tension-of-maturity phase, and signal strength is medium at 66 out of 100: average conviction but elevated volatility, to manage with discipline. The stock ranks 45th among the 125 buys already running for US stocks.
This week's summary
Expedia carved a clean double bottom in the 218 area, with a 9% intermediate rebound that pushed the stock back toward resistance in the 276 area. The confirmation week closed bullish and our model suggests keeping the position unchanged, with the trade already up 3.06% from entry. Setup quality is 76 out of 100, signal strength medium, elevated volatility to manage with discipline.
IQS Phase
76
in tension
Signal Strength
66
medium
Sizing
STANDARD
Ranking
#49 / 129
US stocks in progress
Trade P&L %
+3.06%
from signal to today
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