Breakeven stop breached
Expedia slides 3.3%: the breakeven stop gives way just before earnings
Breakeven stop breached
Our view last week
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.
This week's summary
Expedia gives back 3.3% this week: Friday's bounce off the daily 50-day moving average, in the 251 area, pushes price up 4%, but the warnings are piling up — volume rising even as price falls, buyer dominance fading, an indecisive phase. The consumer discretionary sector stays weak (sector ETF down 5.2% on the week) and earnings land in just days. Price closed below the breakeven stop flagged in last week's card (262.8 area): for anyone following that level the trade is closed.
IQS Phase
57
ordinary
Signal Strength
66
medium
Sizing
STANDARD
Ranking
#40 / 124
US stocks in progress
Trade P&L %
-1.09%
from signal to date, no stop loss
Rank position
ranks 40th among the 124 Longs already running for US stocks in our ranking, with a signal strength of 66 out of 100.
Sector context
SectorConsumer Discretionary
Benchmark ETFXLY
Sector regimeweak phase
Performanceweekly -5.22% · monthly -4.92%
EXPE belongs to the consumer discretionary sector (reference ETF XLY). The sector is classified weak phase according to our weekly reading.
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