CTRP
CTRP Retracement at SupportCtrip.com International has been in a retracement for over 2 weeks. It is now holding at a support level, and indicators are strengthening. This may result in another run. The retracement is due primarily to profit taking.
[CTRP] phase 4 confirmed!What did I tell you? Don't buy these shares. The price fell so much. Don't buy and sell if you didn't yet.
[CTRP] phase 4 -> Don't buyThe price is going down (Far away from 30MM) and the RSI is low. Don't buy!
Potential long swing on CTRPCTRP has recently seen a dip, despite their strong financials. I'm looking to swing from 47-57 (roughly). It's at a significant discount, and I expect it to rise. I'm going all in tomorrow most likely (depending on open).
My portfolio is only worth $2850. I'm a 17 year old investor, who has about 6 months of experience actively trading. Despite blowing up my initial investment of $250 (to about $100), I'm up about 7.5% total, on my invested amount of $2650. If you like this idea, you can follow, and I'll be posting more. Cheers.
-Kristian
CTRP primed to rally (Update)Today's pullback is a good opportunity to buy in. I believe over the next few months it'll swing back into the 50's. I also updated what my stop limit is at. With their financials looking so good, I expect long interest to rise leading into the coming earnings report, which will be around 2/28.
CTRP - a Chinese name setting upCTRP, the so-called Chinese PCLN, is setting up here. Let's see if it can clear its previous highs.
CTRP - Short at the break of channel to 41 area CTRP is breaking down from an upward channel. Moneyflow was diverging & now broken down to the negative side. We think it will decline to 41 area.
Just to be cautious it has huge 41.2% short float, so if has good chance to be on short-cover rally.
You can check our detailed analysis on CTRP in the trading room/ Executive summary link here-
www.screencast.com
Time Span: 22:00"
Trade Status: Pending
CTRP $72.44 - neutral – Consolidates within a 3-month triangleCTRP peaked at 87.62 (May 26, 2015). Since then it has been consolidating within a 3-month symmetrical triangle (as shown on the weekly chart). Given the weekly MACD sloping downwards, scope remains for further range-bound price action. Only an upside break above the 80.20 area (near the triangle upper bounds) would signal return of strength towards 87.62. However, a push below 66.37 (near the triangle lower bounds) would risk further easing towards 63.00 (July 7, 2015 low) and then 58.99 (61.8% of the 40.74/87.62 rise).
Outlook:
Short term: neutral
Long term: bullish
