Expedia NASDAQ: EXPE Stock Weekly Chart
Today’s stock chart looks at Expedia (EXPE), which fell 26% a couple weeks back after missing on earnings… and continued to fall last week.
Based on its market cycles, we believe EXPE has nearly bottomed here.
Our expectation is for the stock bounce in the near term future.
This would begin the rising phase of its next market cycle, for which our upside target is around $105. This is a sell zone, before the next downwave hits.
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Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.
