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jhains2
21. Jan. 2018 20:22

John Malone is Nobody's Fool Long

trivago N.V.NASDAQ

Beschreibung

This looks lie a "Rounding Bottom" but my Edwards & Magee says these typically are a much longer-term formation.

However, if you believe that the market and charts are fractal in nature, you can create a "longer-term" pattern by reducing the time interval on the chart.

I'm long this name since the ends of November at just this side of $7 and think if the upcoming earnings report has decent revenue growth and modestly positive commentary/guidance (unlike last quarter), that this name can retrace a chunk of the swing down from all-time highs to the more recent all-time lows (it hasn't been public all that long).

As for the title reference to John Malone, TRVG is majority-owned by Expedia, a John Malone company.
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