Stock Of The Day: Expedia Appears Overbought And May Reverse

Shares of Expedia Group, Inc. EXPE are climbing following reports of a potential buyout. With the stock now overbought, there's a strong chance it could reverse and trend lower. That's why our team of trading experts has selected it as our Stock of the Day. Typically, a stock remains within its usual trading range. However, when investors and traders turn emotional and aggressively buy, they can drive the price above this range. In such cases, the stock is considered "overbought." Many trading strategies an ...