TRIP

Chart Courtesy of eSignal

There were many hints here that TRIP was going to have a rough ride.
1) the price bars at the yellow arrow turned red
2) the Elliott Wave count started labeling a 1,2,3,4,5 impulse wave down
3) the black Relative Strength line broke support at the horizontal fushia line at the blue arrow
4) then the Relative Strength line turned negative as shown by the blue line

The relative strength line is now in an area of previous support as is the price chart and the Elliott Wave count has completed a minimum 5 wave count, but, will it fill the gap from July 2013 ?

This has been posted for Educational Purposes Only.   Do your own work and consult with Professionals before making any investment decisions. 
Past performance is not indicative of future results