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Watch for Expedia Inc to Potentially Pullback After Gaining 11.49% Yesterday

By David Diaz

Expedia Inc (NASDAQ:EXPE) traded in a range yesterday that spanned from a low of $121.87 to a high of $124.74. Yesterday, the shares gained 11.5%, which took the trading range above the 3-day high of $111.07 on volume of 5.6 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

Expedia Inc share prices have moved between a 52-week high of $161.00 and a 52-week low of $94.14 and are now trading 31% above that low price at $122.90 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 0.7%.

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.

Keywords: rebounders expedia inc

Ticker(s): EXPE