Ctrip's most recent trend suggests a bearish bias. One trading opportunity on Ctrip is a Bear Call Spread using a strike $42.00 short call and a strike $47.00 long call offers a potential 28.21% return on risk over the next 39 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $42.00 by expiration. The full premium credit of $1.10 would be kept by the premium seller. The risk of $3.90 would be incurred if the stock rose above the $47.00 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 25.05 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
3:47 pm Ctrip.com: Hearing J.P. Morgan upgrading CTRP
Tue, 14 Jan 2014 22:51:03 GMT
Yingli Leads Chinese Solar Rally as CFO Predicts Profit
Tue, 14 Jan 2014 21:41:42 GMT
Bloomberg – Yingli Green Energy Holding Co. is leading a rally this month in Chinese solar-panel makers traded in New York as the company predicts it will post its first profit in three years as soon as the second …
KraneShares only sure play in China's internet sector: Pro
Mon, 13 Jan 2014 22:27:00 GMT
CNBC – Brendan Ahern, KraneShares, discusses trends happening in China contributing to China's Internet boom.
Ctrip.com: Market Share Gain At Margin's Expense? Raymond James Reduces TP
Mon, 13 Jan 2014 15:41:00 GMT
Barrons.com – China's largest online travel agency Ctrip.com (CTRP) plans to “turn more aggressive in market share expansion and is willing to give up margins if necessary,” says Morgan Stanley after a recent …
China Stock-Index Futures Gain as Some Companies May Delay IPOs
Mon, 13 Jan 2014 01:34:21 GMT
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