Will Travel Take Off? (DESP)

by | Nov 5, 2024

Will we get a soft landing?

Many people think so.

And the travel industry is deeply interested. 

If the economy stays fairly strong and the uncertainty of the U.S. election is finally over, people all over the world may feel like traveling to exotic locales.

And Argentinian travel company Despegar.com may take off.

Here’s the chart:

DESP has been on a tear since August. 

A break above $15.21 could lead to a big explosion.

We’ll keep an eye on it.

Happy trading,

— Scott Welsh


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