Traders on which travel stock they’re backing as Expedia reports earnings

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Traders on which travel stock they’re backing as Expedia reports earnings
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Airbnb vs. Expedia: Traders on which stock they’re backing as Expedia reports earnings (via TradingNation)

"It's in an intermediate-term uptrend already just with history back to December, and with limited price history we don't really have any ways to discern how overbought the stock is, but there are no real signs of upside exhaustion as we come into [Airbnb] earnings," she said.

"If you look at Expedia on the other hand, that uptrend still very much has positive momentum across time horizons and I'm not really one to fight that. But what I would say is that the risk reward is not great from a technical perspective," Stockton said.

 

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