EXPE - Descending Triangle - Bearish

On the chart of Expedia (EXPE), we can see a descending triangle. A descending triangle is a bearish formation.

The price has already broken the support and is now retesting the support. When the support turns into a resistance a short position can be taken. The price is likely to drop more until it has reached its target.

All further details are shown on the chart.

Goodluck!