AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Based on the 15-minute chart of Expedia, there are several technical indicators that suggest a potential shift in the stock's trend. The Relative Strength Index (RSI) has reached an overbought level, indicating that the stock price has risen too rapidly and may be due for a correction. Additionally, the Bollinger Bands are narrowing, which suggests that the magnitude of the stock price fluctuations is decreasing. This could be a sign that the stock price is approaching a resistance level and may face resistance to further gains. It is essential to monitor these indicators closely and be prepared for potential changes in the stock's trend.
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet