Short idea EXPEDIA (update)

Apr 11

We seem to be well placed for a EXPE short on the 50MA test. Heavy short volume at that level, which also coincides with elliott waves

Apr 18

Comment

DBS Bank Cuts Expedia's Price Target to $135 From $150

Apr 18

Comment

6 months RSI divergence formed

Apr 18

Comment

price forming a falling wedge, we have a reversal potential with the support at $126. posted a thorough breakdown and trade for both cases on Substack open.substack.com/pub/pandersailfinance/p/expedia-break-or-broke?r=27dao0&utm_campaign=post&utm_medium=web

Apr 23

Trade active

I sold bear put option at profit at 28% profit around 28$ on 19/4. Re-entered another bearish trade expiring 03/5

also Bearish article by NewsEdge Equities today
"Expedia Group's Options: A Look at What the Big Money is Thinking

Financial giants have made a conspicuous bearish move on Expedia Group. Our analysis of options history for Expedia Group (NASDAQ:EXPE) revealed 9 unusual trades.

Delving into the details, we found 11% of traders were bullish, while 88% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $94,665, and 6 were calls, valued at $506,743."

social.saxo/tvfanq1?uuid=GJPrA8a

May 3

Trade closed: target reached