$EXPE PEG and Cup With Handle BreakoutI've put relevant notations on the chart. I'm putting this on my action list for next week. Many ways to play this one. If it opens in the upper wick that's strong. If that's the case I may go long with a stop below the day low or open. I may wait for a pullback but look for the gap to hold. It could also flag here for a few days or weeks. Either way this should be on your watch list. Ideas, not investing / trading advice.
As a side note there are quite few gappers this week worthy of a watch list such as $GDYN, $SYNA, $LYV, $PFE, $GT, $TGI and $BA which I've posted an idea on.This list is only a few, it's been a great week for many stocks breaking out.
TGI
TGI - forming Bear flag - short from 28.46TGI forming a bear flag formation. It declined with lower then forecast earning release. Crossing below 28.46 will be break down & trade confirmation. Our target is 23.63
You can check our detailed analysis on TGI in the trading room/ Executive summery link here-
www.youtube.com
Time Span: 4:10"
Trade Status: Pending
TGi- forming bear flag - short from 28.46 TGI forming a bear flag & pole formation. It declined with lower then forecast earning release. Crossing below 28.46 will be break down & trade confirmation. Our target is 23.63
You can check our detailed analysis on TGI in the trading room/ Executive summery link here-
www.youtube.com
Time Span: 4:10"
Trade Status: Pending