Tripadvisor, Inc. (trip)

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

  1. Chartman

    Chartman Senior Investor

    Joined:
    Sep 2017
    Posts:
    285
    Likes Received:
    6
    The break over $35 is a clear buy signal for me :) I reckon next stop could be $40 and then higher.
     
  2. longtermbull

    longtermbull Administrator Staff Member

    Joined:
    Nov 2016
    Posts:
    1,032
    Likes Received:
    18
    Looks to me like shares might be due a run soon :)

    Anyone any idea when the next company results are due?
     
  3. gowiththeflow

    gowiththeflow Senior Investor

    Joined:
    Jul 2017
    Posts:
    442
    Likes Received:
    8
    This one is proving extremely difficult to predict, I thought the shares were initially consolidating in the mid-$30s but a break below support levels would suggest there might be more downside.
     
  4. longtermbull

    longtermbull Administrator Staff Member

    Joined:
    Nov 2016
    Posts:
    1,032
    Likes Received:
    18
    Is there a danger that in the longer term the value of Tripadvisor may be diluted by copycat sites? Personally I don't think so but the shares are certainly out of favour and look under real pressure. Not even a takeover rumour even at these levels!
     
  5. longtermbull

    longtermbull Administrator Staff Member

    Joined:
    Nov 2016
    Posts:
    1,032
    Likes Received:
    18
  6. gowiththeflow

    gowiththeflow Senior Investor

    Joined:
    Jul 2017
    Posts:
    442
    Likes Received:
    8
    That recent bout of takeover speculation seems to have disappeared with the shares falling back to $37.22. There is no smoke without fire, we have seen a couple of spikes in the share price over the last few months which would suggest that there are things going on behind the scenes. An interesting company with a large reach and potential retail opportunities - ripe for a takeover.
     
  7. longtermbull

    longtermbull Administrator Staff Member

    Joined:
    Nov 2016
    Posts:
    1,032
    Likes Received:
    18
    Tripadvisor is worth a buy now IMHO but for those not sure I would say a break through resistance at $40 would be a very bullish sign.
     
  8. Buyonthedips

    Buyonthedips Senior Investor

    Joined:
    Feb 2018
    Posts:
    101
    Likes Received:
    0
    Something afoot with this one - underlying strength in a difficult market.
     
  9. Buyonthedips

    Buyonthedips Senior Investor

    Joined:
    Feb 2018
    Posts:
    101
    Likes Received:
    0
    Seems like a bit of short term profit taking has kicked in - there will be a time to buy into this one for those who missed out the first time around. In my opinion it is only a matter of time before the company is taken out.
     
  10. longtermbull

    longtermbull Administrator Staff Member

    Joined:
    Nov 2016
    Posts:
    1,032
    Likes Received:
    18
    Hovering over some vital share price support lines - could be a bit of downside in the short term.
     

Share This Page