Signs of Weakness: EXPE

November 24, 2011

The first pane shows a new heikin-ashi-based indicator (oscillator).

It displays failures (red) to reach 70 and all these occurrences were followed by more selling.

This time, although Expedia is consolidating (yellow), doesn’t look like an exception from the rule.

Time will tell…

Signs of Weakness 11/23/2011 Expedia

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