Tripadvisor, Inc. (trip)

Discussion in 'Investment Charts' started by longtermbull, Aug 12, 2017.

  1. gowiththeflow

    gowiththeflow Senior Investor

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    A big big sell off is emerging!

    Price $41.23 @ 25 Sep 17
     
  2. Chartman

    Chartman Senior Investor

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    Tricky - next support is the $38 region. Did look as though it was going on a run but couldn't get through the resistance at around $46.
     
  3. gowiththeflow

    gowiththeflow Senior Investor

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    Chart is getting crunched up - there will be a breakout on the upside or the downside. My guess is the upside but time will tell :)
     
  4. Chartman

    Chartman Senior Investor

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    Broke on the downside - the chart is suggesting things are not going too well. The shares have tried and failed to break upside resistance on a number of occasions. Cant see much upside in the short term - I would even suggest more downside.
     
  5. longtermbull

    longtermbull Administrator Staff Member

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    Every time the stock has a rally it attracts more and more sellers - is there some bad news brewing behind the scenes? Personally I always thought Tripadvisor would be taken over at some stage but the share price is not suggesting this will happen any day soon.
     
  6. heretodaygonetomorrow

    heretodaygonetomorrow Member

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    I think this company will be taken out at some stage but there is a major downside - there are no real barriers to entry when it comes to Tripadvisor's market.
     
  7. gowiththeflow

    gowiththeflow Senior Investor

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    The shares have taken another hit - what is going on behind the scenes here?
     
  8. Chartman

    Chartman Senior Investor

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    This stock doesn't seem to have a friend in the world!
     
  9. longtermbull

    longtermbull Administrator Staff Member

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    Always fancied Trip Advisor as a good long-term bet but in the short term it looks as if the shares are stuck in a relatively tight trading range. I will probably wait until we see the next good news.
     
  10. longtermbull

    longtermbull Administrator Staff Member

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    It looks as though the share price is ready to break through resistance levels. I have always thought that Trip Advisor would make a tasty morsel for a larger company – let us not forget the group has some amazing content and customer feedback.
     

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