Ctrip's most recent trend suggests a bullish bias. One trading opportunity on Ctrip is a Bull Put Spread using a strike $79.00 short put and a strike $74.00 long put offers a potential 38.89% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $79.00 by expiration. The full premium credit of $1.40 would be kept by the premium seller. The risk of $3.60 would be incurred if the stock dropped below the $74.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Ctrip is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Ctrip is bullish.
The RSI indicator is at 78.79 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
China's Ctrip Outage Due to Staff Error, Not Hack
Fri, 29 May 2015 05:23:15 GMT
China Stock Roundup: Ctrip Buys eLong Stake, Trina Solar Beats Estimates – Analyst Blog
Thu, 28 May 2015 21:35:09 GMT
Ctrip.com (CTRP) Closes Lower On Hacking Reports
Thu, 28 May 2015 20:57:00 GMT
Chinese Online Travel Company Ctrip Hacked
Thu, 28 May 2015 16:11:49 GMT
Why Ctrip.com Is ‘Too High To Chase And Too Hot To Short'
Wed, 27 May 2015 17:08:31 GMT
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