This looks lie a "Rounding Bottom" but my Edwards & Magee says these typically are a much longer-term formation.
However, if you believe that the market and charts are fractal in nature, you can create a "longer-term" pattern by reducing the time interval on the chart.
I'm long this name since the ends of November at just this side of $7 and think if the upcoming earnings report has decent revenue growth and modestly positive commentary/guidance (unlike last quarter), that this name can retrace a chunk of the swing down from all-time highs to the more recent all-time lows (it hasn't been public all that long).
As for the title reference to John Malone, TRVG is majority-owned by Expedia, a John Malone company.
However, if you believe that the market and charts are fractal in nature, you can create a "longer-term" pattern by reducing the time interval on the chart.
I'm long this name since the ends of November at just this side of $7 and think if the upcoming earnings report has decent revenue growth and modestly positive commentary/guidance (unlike last quarter), that this name can retrace a chunk of the swing down from all-time highs to the more recent all-time lows (it hasn't been public all that long).
As for the title reference to John Malone, TRVG is majority-owned by Expedia, a John Malone company.