Ctrip's most recent trend suggests a bullish bias. One trading opportunity on Ctrip is a Bull Put Spread using a strike $56.50 short put and a strike $51.50 long put offers a potential 53.85% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $56.50 by expiration. The full premium credit of $1.75 would be kept by the premium seller. The risk of $3.25 would be incurred if the stock dropped below the $51.50 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 54.26 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
Tencent, JD Short Interest Up On Mobile Game Slowdown, Alibaba Listing
Wed, 15 Oct 2014 15:28:00 GMT
Ctrip: Golden Week Stats Validate Bet On International Travel
Thu, 09 Oct 2014 05:46:00 GMT
Priceline Group Inc Confirms Investment In Ctrip.com International, Ltd.
Tue, 30 Sep 2014 12:38:15 GMT
Political Stress Weighs On Hong Kong, Brazil Markets
Mon, 29 Sep 2014 22:32:00 GMT
Rebound Efforts Fade For Stocks; Synchronoss Clears Resistance
Mon, 29 Sep 2014 17:32:00 GMT
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