Ctrip's most recent trend suggests a bullish bias. One trading opportunity on Ctrip is a Bull Put Spread using a strike $60.00 short put and a strike $55.00 long put offers a potential 6.38% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $60.00 by expiration. The full premium credit of $0.30 would be kept by the premium seller. The risk of $4.70 would be incurred if the stock dropped below the $55.00 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 66.87 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
Consolidation In Focus With Ourgame Plunge, eLong Jump
Tue, 01 Jul 2014 07:55:08 GMT
Why King Digital Entertainment, ExOne, and Ctrip.com International Jumped Today
Mon, 30 Jun 2014 22:07:40 GMT
Slowing China Economy Dims Profit Outlook to 2012 Low
Mon, 30 Jun 2014 14:15:39 GMT
Slowing China Economy Dims Profit Outlook to 2012 Low
Sun, 29 Jun 2014 16:00:00 GMT
Ctrip.com positioned to hit high end of revenue target, says Piper Jaffray
Thu, 26 Jun 2014 14:56:13 GMT
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