Ctrip's most recent trend suggests a bullish bias. One trading opportunity on Ctrip is a Bull Put Spread using a strike $55.00 short put and a strike $50.00 long put offers a potential 35.14% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $55.00 by expiration. The full premium credit of $1.30 would be kept by the premium seller. The risk of $3.70 would be incurred if the stock dropped below the $50.00 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 44.74 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
EM Morning Roundup: China Consumer Names Rally; SENSEX At 3Y High
Mon, 21 Oct 2013 11:13:00 GMT
Barrons.com – Led by consumer and technology names, the Shanghai Stock Exchange Composite Index advanced 1.6%, after China's economic governing body said it would spur domestic consumption growth. The Hong Kong Hang …
Ctrip.com International, Ltd. Announces Completion of US$800 Million Convertible Senior Notes
Fri, 18 Oct 2013 03:18:00 GMT
PR Newswire – SHANGHAI, Oct. 17, 2013 /PRNewswire/ — Ctrip.com International, Ltd. (Nasdaq: CTRP), a leading travel service provider of hotel accommodations, ticketing services, packaged tours and corporate travel …
Ctrip.com price target raised to $56 from $40 at Piper Jaffray
Thu, 17 Oct 2013 15:13:48 GMT
Chinese Airlines Look Cheap, JPM Says Buy China Southern Airlines, Air China
Wed, 16 Oct 2013 14:10:00 GMT
Asia's Travel Business: Tuniu, China's Package Tour Aggregator
Tue, 15 Oct 2013 22:00:00 GMT
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