Discussion in 'Investment Charts' started by longtermbull, Aug 12, 2017.
The break over $35 is a clear buy signal for me I reckon next stop could be $40 and then higher.
Looks to me like shares might be due a run soon
Anyone any idea when the next company results are due?
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.
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!
As if by magic:-
I should do the lottery
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.
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.
Something afoot with this one - underlying strength in a difficult market.
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