Ctrip's most recent trend suggests a bullish bias. One trading opportunity on Ctrip is a Bull Put Spread using a strike $49.00 short put and a strike $44.00 long put offers a potential 17.65% return on risk over the next 19 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $49.00 by expiration. The full premium credit of $0.75 would be kept by the premium seller. The risk of $4.25 would be incurred if the stock dropped below the $44.00 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 63.9 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
Ctrip Shows Accelerated Investment Pattern In Travel
Mon, 30 Dec 2013 20:47:00 GMT
Your first trade for Tuesday
Mon, 30 Dec 2013 18:46:06 GMT
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Mon, 30 Dec 2013 17:58:00 GMT
CNBC – The FMHR traders reveal their final trades.
Baidu Rebounds on Reading Site Acquisition as Ctrip Rises
Fri, 27 Dec 2013 21:53:47 GMT
Bloomberg – Chinese equities advanced in New York, extending a weekly gain, as Baidu Inc. jumped on prospects the purchase of a literature website will help expand its consumer business.
Services Stocks On The Rise With Help From 5 Stocks
Fri, 27 Dec 2013 17:03:00 GMT
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