CryCrptoCry (OP)
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April 05, 2020, 10:55:39 AM |
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Expedia, has formed perfect double bottom pattern in 1 day chart. One of the worst hit sectors because of corona. Things are only going to good from here. 85b $ worth of company, I am sure we will see a quick 50-100% growth in few months. After corona, this stock will sky rocket for sure.
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davis196
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April 05, 2020, 12:19:39 PM |
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Expedia, has formed perfect double bottom pattern in 1 day chart. One of the worst hit sectors because of corona. Things are only going to good from here. 85b $ worth of company, I am sure we will see a quick 50-100% growth in few months. After corona, this stock will sky rocket for sure.
Are you sure that the tourism industry will recover that fast,after all lockdowns? There are some expectations that the coronavirus pandemic will continue in September(spreading of the virus will decrease during the summer,but it will increase again in the autumn).Nobody knows how long this pandemic will continue.Tourism companies like Expedia might even go bankrupt. It's way too early to invest in such stocks,if you ask me.
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sujonali1819
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April 05, 2020, 12:27:58 PM |
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After corona, this stock will sky rocket for sure.
Yes, more chances to increase the market. But I am not sure when this corona pandemic will over. Except china, the corona is increasing in most of the other countries. And they can not control the spread. So I think we need more time to finish this coronavirus and its effects.
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CryCrptoCry (OP)
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April 05, 2020, 12:36:22 PM |
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Expedia, has formed perfect double bottom pattern in 1 day chart. One of the worst hit sectors because of corona. Things are only going to good from here. 85b $ worth of company, I am sure we will see a quick 50-100% growth in few months. After corona, this stock will sky rocket for sure.
Are you sure that the tourism industry will recover that fast,after all lockdowns? There are some expectations that the coronavirus pandemic will continue in September(spreading of the virus will decrease during the summer,but it will increase again in the autumn).Nobody knows how long this pandemic will continue.Tourism companies like Expedia might even go bankrupt. It's way too early to invest in such stocks,if you ask me. If you are a trader you know that double bottom formation is a great opportunity for buying with tight stop loss. Yes risk is there but is worth it because reward is much more. Stock has already bounced from one bottom so I think its quite safe..
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Oilacris
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April 05, 2020, 12:38:54 PM |
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Expedia, has formed perfect double bottom pattern in 1 day chart. One of the worst hit sectors because of corona. Things are only going to good from here. 85b $ worth of company, I am sure we will see a quick 50-100% growth in few months. After corona, this stock will sky rocket for sure.
Nothing is certain yet this pandemic situation seems too early to be resolved.No vaccine yet and we know lots of industries had been affected, stocks/forex/crypto is on reds now and yes its really an opportunity to buy since most of them are way too cheap now but we cant guarantee that the price wont even go down further.TA's are good but not a reliable thing from time to time which you do fully rely on it when it comes to investment decisions but well its your own money and if you can risk up to buy Expedia then go ahead but for me,same as said above this wont be the best time.
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samcrypto
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April 05, 2020, 01:05:14 PM |
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Expedia, has formed perfect double bottom pattern in 1 day chart. One of the worst hit sectors because of corona. Things are only going to good from here. 85b $ worth of company, I am sure we will see a quick 50-100% growth in few months. After corona, this stock will sky rocket for sure.
We’re on the recession, and hundreds of thousands are losing their job in US alone, what more to those countries that is affected by Covid19 especially on the European Countries so for me, stocks won’t bounce back easily, it takes time mate. As an investors, of course this is the best to buy more but don’t set a short term profit, if you do it on Bitcoin and cryptocurrency you still need to wait for the bull trend.
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Ryker1
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April 05, 2020, 04:02:16 PM |
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[snip]
We’re on the recession, and hundreds of thousands are losing their job in US alone, what more to those countries that is affected by Covid19 especially on the European Countries so for me, stocks won’t bounce back easily, it takes time mate. As an investors, of course this is the best to buy more but don’t set a short term profit, if you do it on Bitcoin and cryptocurrency you still need to wait for the bull trend. Well, I agree with you. This global economic crisis was made by the pandemic covid19 and perhaps it takes so many times before we can recover, all countries are in the depths of a recession. I have doubt that we can't get recovered easily and those affected investors also lack financial support. Indeed, OP was right, it is now the great opportunity to buy Bitcoin but perhaps those people who have good wealth that maybe can invest more in Bitcoin.
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Findingnemo
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April 05, 2020, 06:17:29 PM |
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People who had lot of savings might already turn them into stocks or other assets which value was just crashed due to the corona outbreak but we can't say all the lost values will recover sooner as OP predicted so still there is a risk on investing but for very long term investor this is really a great opportunity and the price of bitcoin started to recover and nearing 7K for now.
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DeadCoin
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April 05, 2020, 06:26:59 PM |
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Correct, people who can afford to invest maybe they now have a chance at this very potential time while Bitcoin is very cheap in the market. Great buying? I don't think so, people now did not recover from their debt and they also don't have a job so it means no work no pay. If your theory will be gonna true, lucky for those holders if might that will happen the volume of Bitcoin will increase.
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Quidat
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April 05, 2020, 06:50:21 PM |
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Correct, people who can afford to invest maybe they now have a chance at this very potential time while Bitcoin is very cheap in the market. Great buying? I don't think so, people now did not recover from their debt and they also don't have a job so it means no work no pay. If your theory will be gonna true, lucky for those holders if might that will happen the volume of Bitcoin will increase.
Only to those people who do have money will really have the chance on buying out cheap stocks,cryptos,currencies nowadays and for those people who are on the average side wont really consider on making a step towards their investment and as you said that people are now on hardship because of the current pandemic which they dont have any income for them to have money to invest on.It is indeed a great buying opportunity but this isnt the priority now.
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enhu
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April 05, 2020, 06:51:53 PM |
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Travel/tourism industry is one of the most affected industry Its not for sure easy to for this stock to retrace back up after the devastation. These investors had seen the most of what had happened after governments are shutting down the exchange preventing them from shorting in the very times they need to sell. A lot of investors may actually be looking forward to move to cryptocurrency instead on stock market.
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xZork
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April 05, 2020, 07:18:44 PM |
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It is very difficult for this to happen, the world economy is suffering from severe consequences from the disease and we do not know the specific time to overcome this disease. In the event that we can overcome this disease, the world also needs a very long time to recover. So a rapid growth of 50 - 100% in a few months is not possible.
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Yaunfitda
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April 06, 2020, 12:21:17 AM |
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Yes, I would agree that the travel industry is one of the hardest being hit by the Covid-19 pandemic. But I don't know how you say that they will do a quick turn around when people are advise not to travel? And this will apply unless some vaccine have been discovered by the scientist. And it's been noted that it will take 12-18 months before we can see some cure. So I doubt a 50%-100% turn, Lol, Of course, I wanted to see all industries recovered back after the pandemic, Impact of COVID-19 on Travel: Foreign Travel Industry Needs an Immediate Rescue Plan.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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goinmerry
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April 06, 2020, 01:07:34 AM |
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Yes, I would agree that the travel industry is one of the hardest being hit by the Covid-19 pandemic. But I don't know how you say that they will do a quick turn around when people are advise not to travel? And this will apply unless some vaccine have been discovered by the scientist. And it's been noted that it will take 12-18 months before we can see some cure. So I doubt a 50%-100% turn, Lol, Of course, I wanted to see all industries recovered back after the pandemic, Impact of COVID-19 on Travel: Foreign Travel Industry Needs an Immediate Rescue Plan. The business will be back to usual even without the cure. The previous virus where COVID-19 came from doesn't have a cure too. It just needs to be controlled and not totally cured since it's impossible to do it even for years. OP just stated a good timing opportunity which actually does make sense. But of course, the figure of the possible return shouldn't be taken seriously. We have our own way to determine if those are right or wrong.
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BlackFor3st
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April 06, 2020, 01:29:31 AM |
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Expedia, has formed perfect double bottom pattern in 1 day chart. One of the worst hit sectors because of corona. Things are only going to good from here. 85b $ worth of company, I am sure we will see a quick 50-100% growth in few months. After corona, this stock will sky rocket for sure.
There is a big chance that the market will skyrocket once we can recover from this pandemic but we are not yet sure if when will be this pandemic to end. But right now if we are going to check the market condition, I agree that it is a the best opportunity to buy more and stock it until the market will recover again. Upon checking the market, most of the graph are slowly increasing which is a good sign that the growth can't be stop by any pandemic and if you are going to picture out what else if the pandemic will be finished then a quick growth will surely to happen.
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Savemore
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April 06, 2020, 03:49:46 AM |
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Expedia, has formed perfect double bottom pattern in 1 day chart. One of the worst hit sectors because of corona. Things are only going to good from here. 85b $ worth of company, I am sure we will see a quick 50-100% growth in few months. After corona, this stock will sky rocket for sure.
There is a big chance that the market will skyrocket once we can recover from this pandemic but we are not yet sure if when will be this pandemic to end. But right now if we are going to check the market condition, I agree that it is a the best opportunity to buy more and stock it until the market will recover again. Upon checking the market, most of the graph are slowly increasing which is a good sign that the growth can't be stop by any pandemic and if you are going to picture out what else if the pandemic will be finished then a quick growth will surely to happen. There will be a recovery in all types of market after this crisis. But I do not think that this time is the best time to buy stocks in a long position because the trend is still bearish. I think it is better if we do short position because it can give us advantage. Observe most of the financial market, all of them are down and I know that it will take more time before we see another bullish market.
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bitgolden
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April 06, 2020, 05:51:35 AM |
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Expedia is not like the other tourism companies you might have faced, first of all they do accept crypto payment which is very nice of them, I have paid couple of my trips with crypto thanks to them and that felt quite liberating honestly.
Secondly they are a hub, not the place itself, it is not a hotel, not a plane, not a car, but all of them together, they are literally making billions thanks to people going in ANY hotel from expedia, using ANY plane to go there and renting ANY car from that airline to hotel.
So, they are a middleman, nowadays people think airbnb is the big thing but Expedia as been a thing for years and have always made a huge amount of profit and will continue to do so. Will their profit be affected this year? Sure it will be, but as long as people take a vacation either this summer or even if its autumn they will recover from it for sure.
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pankaj1234
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April 06, 2020, 06:56:25 AM |
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All market is recovering slowly after crash. At crash there has been a strong buying options so people who grab this opportunity will be on a good profit side. Now market might dump for a second time,if not dump might goes red to sum extension so not a great buying opportunity now. for long term might be a good time to enter but for short time always have to take the advantages of crash market. This is my opinion to this present market position.
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maydna
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April 06, 2020, 06:57:15 AM |
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Expedia, has formed perfect double bottom pattern in 1 day chart. One of the worst hit sectors because of corona. Things are only going to good from here. 85b $ worth of company, I am sure we will see a quick 50-100% growth in few months. After corona, this stock will sky rocket for sure.
I guess that is not just happening for Expedia because I am sure that the other form of trading will also back to increase after coronavirus can be handle by the government. We will see everything will be normal and if there is a change in our life, I think that will be necessary to do because we don't want to see another story about the other pandemic in the future. The crypto market will also have a chance to increase, and before that time come to us, it is better we use this time to buy any potential coin at the market, so we don't miss the chance to sell the coin. I wonder how high for every coin in the market can increase if the bull run comes because the last time bull run comes, we see the price can increase higher.
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avikz
Legendary
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Activity: 3192
Merit: 1523
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April 06, 2020, 07:13:18 AM |
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Expedia, has formed perfect double bottom pattern in 1 day chart. One of the worst hit sectors because of corona. Things are only going to good from here. 85b $ worth of company, I am sure we will see a quick 50-100% growth in few months. After corona, this stock will sky rocket for sure.
I wouldn't say that the opportunity is only for Expedia. But the entire market has come down to an optimum low level due to Corona Virus. Majority of the production industries are shut and their stocks are cheaper than expectation. So it is a very good time to invest in stock market in general. If you have money in hand, invest in blue-chip stocks who had a stable customer base before this lockdown. These stocks are sure to come back to its normal state faster than anyone else. You don't need to look at long term possibilities, just hold it for 6 months after this pandemic is over. Since, I am currently working from home, I am saving a good amount of money as there's no fuel expense. So I am putting in that amount in stock market and buying stocks of blue-chip companies. Once this crisis is over, I will start tracking their price movements to decide the best time to exit.
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