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.
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.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.