Actionable news
0
All posts from Actionable news
Actionable news in EXPE: Expedia, Inc.,

Expedia (EXPE) Stock: Come Fly With Me All the Way to $150

NEW YORK (TheStreet) -- You probably use Expedia (EXPE - Get Report) several times a year. I certainly do, but have you ever thought about it as an investment?

Other than a temporary island reversal in February, it looks like smooth sailing for the chart of EXPE, above. Some recent subtle shifts in the indicators point to a possible stalling of Expedia's rally. The On-Balance-Volume (OBV) line has turned flat, and we can see a small bearish divergence in September and October as EXPE made a slight new high while the momentum study made a lower high signaling a slowing of the rally. Meanwhile the 50-day and 200-day moving averages remain positive.

STOCKS TO BUY: TheStreet's Stocks Under $10 has identified a handful of stocks with serious upside potential. See them FREE for 14-days.

This longer-term chart of EXPE, above, is positive with an impressive four-year rally after a base around the $30 level. The 40-week moving average is supportive as well as the bullish OBV line on this time frame. The Moving Average Convergence Divergence oscillator is also constructive. While EXPE may stall a bit in the short run, our next price objective, based on 5x the base pattern, is the $150...


More