Going Long on Expedia w/c 30/10 [2017] - TP w/e 25/05 [2018]I think Expedia are heading for an ABC-correction; get a trade in now and hold for the sole reason of dividend payouts as they'll peak in May next year and drop back to the same price they did w/e 27/10 .
Having looked like they've never been overbought it's a personal surprise to me to find they've been shorted this hard (it's almost like nobody wants them to exist bar their hard Bull-following; by the looks of things they consistently have a 50/50 sentiment) but they've always got the confidence to keep that strength in check; jump in now, hold until 136.66 in late-May , then short until 122.10 in late-November .
Pending the outcome of the following reports (see below), the results should have proved a safe hold; again, jumping-in now (w/c 30/10 , jumping-out w/e 25/05 is suggested:
02/08/18: FY 2017 Earnings Release (Projected);
04/26/18: Q1 2018 Earnings Release (Projected);
10/27/17: CHINA INT'L TRAVEL SERVICE CORP : Q3 2017 Earnings Release;
10/30/17: ORIENTAL LAND CO., LTD. : Interim 2018 Earnings Release;
11/01/17: CTRIP.COM INTERNATIONAL LTD (ADR) : Q3 2017 Earnings Release;
11/02/17: CTRIP.COM INTERNATIONAL LTD (ADR) : Q3 2017 Earnings Call;
The above results information came from the following page: www.4-traders.com
