Expedia Breakout $31
Tuesday, September 25, 2007
( Yesterday close ) Chart courtesy of stockcharts

Shares of Expedia are trading very well today, gaining more than 4 % with more than 4 million shares traded at this moment, after the announcement that it will replace Solectron Corp. in the S&P 500 after the close of trading on Monday, October 1. Investors reacting very well to this news making stock soar more to a new 52 week high breaking the major resistance of $31. Looking at Expedia chart, stock has had a nice run over the past two months and made a nice trend higher, so with today breakout, look likes EXPE should move up in the sessions ahead. Keep EXPE in your watchlist.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical examples.

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posted by Pro Investor Trader at 11:47 AM | Permalink


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