When Tripadvisor (TRIP) Moves Investors should Listen


Source: Stock Traders Daily

Longer Term Trading Plans for TRIP

  • Buy TRIP over 18.47 target 21.97 stop loss @ 18.42 Details
  • The technical summary data tells us to buy TRIP near 18.47 with an upside target of 21.97. This data also tells us to set a stop loss @ 18.42 to protect against excessive loss in case the stock begins to move against the trade. 18.47 is the first level of support below 19.4 , and by rule, any test of support is a buy signal. In this case, support 18.47 would be being tested, so a buy signal would exist.

  • Short TRIP under 21.97, target 18.47, stop loss @ 22.03 Details
  • The technical summary data is suggesting a short of TRIP as it gets near 21.97 with a downside target of 18.47. We should have a stop loss in place at 22.03though. 21.97 is the first level of resistance above 19.4, and by rule, any test of resistance is a short signal. In this case, if resistance 21.97 is being tested, so a short signal would exist.

Swing Trading Plans for TRIP

  • Buy TRIP over 19.57, target 21.97, Stop Loss @ 19.51 Details
  • If 19.57 begins to break higher, the technical summary data tells us to buy TRIP just over 19.57, with an upside target of 21.97. The data also tells us to set a stop loss @ 19.51 in case the stock turns against the trade. 19.57 is the first level of resistance above 19.4, and by rule, any break above resistance is a buy signal. In this case, 19.57, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short TRIP near 19.57, target 18.47, Stop Loss @ 19.63. Details
  • The technical summary data is suggesting a short of TRIP if it tests 19.57 with a downside target of 18.47. We should have a stop loss in place at 19.63 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 19.57, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for TRIP

  • Buy TRIP over 19.57, target 21.97, Stop Loss @ 19.52 Details
  • If 19.57 begins to break higher, the technical summary data tells us to buy TRIP just over 19.57, with an upside target of 21.97. The data also tells us to set a stop loss @ 19.52 in case the stock turns against the trade. 19.57 is the first level of resistance above 19.4, and by rule, any break above resistance is a buy signal. In this case, 19.57, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short TRIP near 19.57, target 18.99, Stop Loss @ 19.62. Details
  • The technical summary data is suggesting a short of TRIP if it tests 19.57 with a downside target of 18.99. We should have a stop loss in place at 19.62 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 19.57, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

TRIP Technical Summary | Raw Data for the Trading Plans







Term → Near Mid
Long
Bias Weak Weak Weak
P1 0 0 18.47
P2 17.50 17.53 21.97
P3 18.99 19.57 25.54


TRIP Swing Trading Analysis for June 21 2022

TRIP Day Trading Analysis for June 21 2022

How do we know what is going on #behindthescenes of a company?  According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The  Tripadvisor (NASDAQ: TRIP) report below is a real world example. Included are trading plans for TRIP, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports

Graph of Evitar Corte vs. S&P 500

AD

Fundamental Charts forTRIP





Source link