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After Yesterday's Rally of 1.90% Shares Could Potentially Pullback

By Shiri Gupta

Expedia Inc (NASDAQ:EXPE) traded in a range yesterday that spanned from a low of $133.38 to a high of $136.38. Yesterday, the shares gained 1.9%, which took the trading range above the 3-day high of $133.97 on volume of 539,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

SmarTrend is tracking the current trend status for Expedia Inc and will alert subscribers who have EXPE in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, shares of Expedia Inc have traded between a low of $108.11 and a high of $144.00 and are now at $136.09, which is 26% above that low price. The 200-day and 50-day moving averages have moved 0.23% higher and 0.24% lower over the past week, respectively.

Keywords: rebounders expedia inc

Ticker(s): EXPE