TripAdvisor, Booking Holdings earnings on deck — what two traders are watching

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TripAdvisor, Booking Holdings earnings on deck — what two traders are watching $TRIP $BKNG (via TradingNation)

"It's bumping up against the top line of what's called a symmetrical triangle pattern," Maley said. "If it can get a little bit further above that, that's going to be bullish.""That provided really tough resistance back in June," Maley said. "If it can break above that, which would also give it a higher high, that's when you're really going to see the momentum in the stock.

"I guess my point is don't send this stock into the batter's box right now," he said. "Put it in the on-deck circle because there's all the uncertainty out there. Don't be afraid to miss a little bit of upside. But if it can break above its 200-day moving average, it's really going to fly with a lot of momentum. So, be ready to use it if and when it comes."

Don't miss Seema Mody's exclusive interview with Booking Holdings CEO Glenn Fogel this Friday at 1 p.m. ET on CNBC's

 

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