Wednesday, February 13, 2019 12:05:26 PM
TripAdviser Inc (NASDAQ:TRIP) is a leading provider of online travel content. Today, the shares of the company are declining sharply after reporting earnings last night. The stock is trading lower by 7.0 percent to $56.10 a share. It should be noted that TRIP stock is now trading below its 50-day moving average. The volume in this decline has also increased indicating further weakness in the near term. Traders and investors should now watch for major chart support around the $47.50 level. This is where the stock broke out in late October 2018. Generally, when a stock tests its prior break-out level it will be defended. There are also other factors around that level creating a solid risk / reward trade setup.
Nick Santiago
InTheMoneyStocks
Recent TRIP News
FEATURED POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • Jun 26, 2024 10:09 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM
Bantec's Howco Short Term Department of Defense Contract Wins Will Exceed $1,100,000 for the current Quarter • BANT • Jun 25, 2024 10:00 AM
