$EXPE - Expedia Ripping Bears Apart. 10% More Upside.

Expedia (EXPE) is ripping Bears apart today, and I’m loving it. Expedia pummeled Wall Street estimates and reported staggering earnings. Is this a sing that the economy is partially improving? Maybe. But all that excitement aside, I strongly believe that this is just the beginning. EXPE still has more than 10% UPSIDE from current level.

Here is a Daily char of EXPE:

EXPE - Daily Chart

That’s a strong Bullish Gap right there.

Recommendation: BUY

Price Target: $67

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