Ctrip's most recent trend suggests a bearish bias. One trading opportunity on Ctrip is a Bear Call Spread using a strike $41.00 short call and a strike $46.00 long call offers a potential 26.58% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $41.00 by expiration. The full premium credit of $1.05 would be kept by the premium seller. The risk of $3.95 would be incurred if the stock rose above the $46.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Ctrip is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Ctrip is bearish.
The RSI indicator is at 36.27 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Ctrip
Shanda Games Follows Parent In Privatizing
Wed, 29 Jan 2014 09:45:00 GMT
Seeking Alpha – One of China's biggest online entertainment companies is rapidly disappearing from the publicly listed realm, with word that Shanda Games (Nasdaq: GAME ) has become the latest U.S.-listed Chinese firm …
A Breakthrough In SEC vs Big Four; Buy On China ADR Share Pullback
Tue, 28 Jan 2014 13:37:00 GMT
[$$] Venture Capitalists Increase Activity in China
Tue, 28 Jan 2014 10:31:20 GMT
Bulls want to ride with Ctrip.com
Mon, 27 Jan 2014 17:20:08 GMT
China Auditors, U.S. In Dangerous Game Of Brinksmanship
Mon, 27 Jan 2014 13:20:00 GMT
Forbes – I was a bit surprised to read that the U.S. securities regulator is taking drastic action against the four main auditors for New York-listed Chinese firms, in its bid to get them to hand over records for companies suspected of financial fraud. Investors were also probably surprised by the move, […]
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