Ctrip's most recent trend suggests a bullish bias. One trading opportunity on Ctrip is a Bull Put Spread using a strike $53.50 short put and a strike $48.50 long put offers a potential 28.21% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $53.50 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 dropped below the $48.50 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 61.84 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: A Company That Invests To Stay On Top Of The Market
Thu, 10 Apr 2014 10:14:46 GMT
Priceline Soared On Lean, Innovative Style: CEOs
Wed, 09 Apr 2014 22:45:00 GMT
Baidu and Ctrip.com to Merge?
Wed, 09 Apr 2014 17:30:08 GMT
Zacks – Reportedly, China's largest search engine, Baidu's Qunar unit will merge with Ctrip.com International Ltd. to expand its travel search market. Shares of Ctrip surged 10.4% in after-hours trading.
Rumor roundup: a billion dollars worth of explosive tech mergers and acquisitions
Wed, 09 Apr 2014 08:14:17 GMT
Why Baidu, First Solar, and Alpha Natural Resources Jumped Today
Wed, 09 Apr 2014 01:15:57 GMT
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