gamer456148

TRIP's a dip because of Covid19, $25 Long

Largo
NASDAQ:TRIP   TripAdvisor, Inc.
First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. That being said, I think the whole reason for TripAdvisor's recent bearish run is quite obvious, and the reason why it broke resistance recently is also quite obvious. This is why, I am saying the current price is likely low to mid risk at most, and probably a dip. I expect it to be at least around the $25 range going into 2021, and that the steep downward trend is due to lack of demand in the curve because of Covid19, not poor managerial or operational performance.

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