Are travel sites about to take off? For insights Jim Cramer consulted the charts.
"I've been a fan of this group for some time now," said Cramer.
However, the Mad Money host's enthusiasm stems from improved fundamentals. In a recovering economy Cramer thinks people will travel more for both business and vacation. And he likes online travel because he believes the low-price alternatives they provide will steal market away from conventional travel agents. (Read More: Online Travel Stocks: Miles Apart)
Looking at fundamentals, Cramer says "I think Priceline is still the best, followed by Expedia, with Orbitz in a distant third. I think TripAdvisor is in a totally different business, one that's levered to online advertising rates, and I would rather just stick with Priceline."
However, like so many pros, Jim Cramer will often consult the charts to see if patterns either confirm or deny his fundamental thesis.
For the following insights Cramer turned to top technical analyst Bob Lang, senior strategist at ExplosiveOptions.net as well as a Cramer colleague at TheStreet.com.
Here's a synopsis of the Lang's analysis.