Expedia: the confirmation holds, +2.27% since entry
Expedia dips 0.8%, yet the buy signal keeps holding its ground
Expedia: the confirmation holds, +2.27% since entry
Our view last week
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.
This week's summary
Expedia shares remain boxed between support in the 261 area and resistance in the 275 area, after the double bottom two weeks ago and the 9% rebound that carried them back near those highs. This week the stock gave back 0.8% and a few technical warnings are piling up — contracting volume, an indecisive phase — but the buy signal, which fired three weeks ago, is holding: the confirmation stays positive and the trade is up 2.27% from entry.
IQS Phase
70
in tension
Signal Strength
66
medium
Sizing
STANDARD
Ranking
#39 / 112
US stocks in progress
Trade P&L %
+2.27%
from signal to today
restricted Platinum content