Trivago
TRVG - Starting To Trend On The 1DTrivago NV is a Germany-based company that operates an online hotel search platform. The platform allows users to search for, compare and book hotels. It gathers information from various third parties' platforms and provides information about the hotel, pictures, ratings, reviews and filters, such as price, location and extra options. The Company offers access to approximately 2.5 million hotels and other types of accommodation, including over 1.0 million units of alternative accommodation, such as vacation rentals and private apartments in over 190 countries. It provides access to its platform through more than 50 localized websites and applications in over 30 languages. The Company also offers marketing tools and services to hotels and hotel chains, as well as to online travel agencies and advertisers, among others. Its principal executive offices are located in Germany.
P/E Ratio (with extraordinary items)
157.34
SHORT INTEREST
5.39M 06/28/19
Analysts Recommendations: HOLD
Target Price $5
TRVG - Don't Wait - TRIVAGO LongNot a lot of history, so we have to look at the 1h. ON daily screen Connors 2 Period registered an extremely low 8, indicating oversold. ( yellow rectangle)There has been nice volume. On the hourly chart we have a bullish sash pattern that complete earlier today. TSI has moved up and crossed signal line.
Elliot wave count could be either starting new wave 1 as we have just completed A-B-C correction, or a larger view would have it as completing wave 2 of the next higher degree. Stop for short terms can be just below the completed candle. For a longer view, stop at 10.85 , as Elliot says wave 2 cannot retrace 100% of wave 1.
Short term target 12.24 for a quick in and out of about 4%. Long term can be much higher point B minimum.
