CRIP34 trade ideas
TCOM Trip(.)com Group Limited Options Ahead of EarningsIf you haven`t bought the dip op TCOM:
Now analyzing the options chain and the chart patterns of TCOM Trip(.)com Group Limited prior to the earnings report this week,
I would consider purchasing the 60usd strike price Puts with
an expiration date of 2024-12-20,
for a premium of approximately $3.70.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
My Watchlist: TCOMTCOM: I have a green setup signal(dot Indictor). It has an excellent risk-to-reward ratio(RR:). I'm looking to enter long near the close of the day if the stock can manage to CLOSE above the last candle highs(white line). If triggered, I will then place a stop-loss below(SL) and a price target above it (TP1-50%,move SL to breakeven)(TP2-50%).
TRIP.com / Beginning of Up Trend Stock Beginning of the trend Stock, breaking the Wyckoff accumulation Phase
and has Volume Profile Normal Distribution Support
The volume from Accumulation Phase has not yet been sold out. It can continue with accumulated volume with first target at 261.8 Fibonacci Retracement and cluster with 161.8 of Fibonacci Extension.
Strategy Buy on dip at 368 - 390 for buy set 1 and if the price drops to 368, there is still buy set 2 at prices 330-355 by waiting for Reversal Pattern.
Trading in your plan with your faith,
C.Goii Super Trader
TCOM Options Ahead of Earnings If you haven`t bought TCOM before the previous earnings:
Then analyzing the options chain and the chart patterns of TCOM prior to the earnings report this week,
I would consider purchasing the 55usd strike price in the money Calls with
an expiration date of 2024-9-20,
for a premium of approximately $6.45.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
TCOM Amazing Recovery StoryFinancial Performance and Analyst Forecast
Analyst Consensus: Trip.com enjoys a "Strong Buy" average rating from analysts, reflecting a bullish outlook on the stock. The consensus 12-month price target stands at $50.4, indicating a substantial upside potential of 36.22% from its recent trading price. This optimistic forecast highlights the market's confidence in Trip.com's growth trajectory and recovery in the travel sector.
Market Position and Strategic Initiatives
Strategic Partnerships and Initiatives: Trip.com has been actively engaging in partnerships and marketing initiatives to bolster its brand and expand its market reach. Notably, the company partnered with the Empire State Building to offer exclusive experiences, showcasing its ability to forge significant collaborations that enhance its service offerings and customer experience.
Leadership's Positive Outlook: The CEO of Trip.com has expressed a strong recovery in travel within China, despite a lacklustre economy. This resilience and robust recovery signal the company's strong position in the domestic market and its potential to capitalize on the rebound in travel demand.
Challenges and Considerations
However, it's essential to approach this investment with a comprehensive understanding of the risks and challenges:
Global Economic Conditions: The travel industry is highly sensitive to global economic conditions. Any downturn or instability can significantly impact consumer discretionary spending, affecting Trip.com's business operations.
Regulatory Risks: Operating globally, Trip.com faces various regulatory challenges across different markets. Changes in travel regulations, visa policies, or geopolitical tensions can impact its business.
Competition and Market Saturation: The online travel agency (OTA) market is highly competitive, with several major players vying for market share. Keeping up with technological advancements and consumer preferences is crucial for maintaining its competitive edge.
Conclusion , Trip.com presents an intriguing investment opportunity, backed by a strong analyst consensus and promising growth prospects. However, investors should weigh these positives against potential market and operational risks. The strategic moves and partnerships highlight the company's efforts to innovate and expand, yet the volatile nature of the travel industry necessitates a cautious approach.
TCOM testing significant resistance Trip.com (TCOM) presently testing significant long-term resistance, able to contain monthly buying pressures. From here, sellers can gain control and (TCOM) can fall back to support, eliciting losses of 20% over the following 2 - 3 months. Inversely, a weekly settlement above this long-term resistance would result in a buy-signal where gains of 20% would be expected over the following 2 - 3 months, and 50% over the following 12 months.
TCOM Naturally I jumped in early so you dont have too!TCOM setting up to launch... Made DEEP support and about to pop the last string on my ribbon. The ESVO is a col and price oscillator that marries the two together... the lines are where all time frames interest is centered. So major support and resistance is created when they merge together. meaning all the time frames are in agreement on where the price is.... when support is made after passing it... It starts its profit run.
90% on stocks that have popped the ribbon and dropped back below.... reaccumulated and popped it again to find support. Natrually I jumped in last week..... And now its about to be ready.
by iCantw84it
06.30.23
TCOM Trip(.)com Options Ahead of EarningsIf you haven`t bought TCOM here:
Then Analyzing the options chain of TCOM Trip dot com prior to the earnings report this week,
I would consider purchasing the 34usd strike price Puts with
an expiration date of 2023-6-16,
for a premium of approximately $1.17.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Asia Travel Companies related to China's easing of Covid restricAs China re-opening the border and eases the COVID restrictions, I am speculating that millions of tourists will splurge at travel companies.
Within half an hour of China’s announced policy change, searches for travel abroad surged to a three-year high, according to Trip.com Group.
As the travel volume goes back to normal due to Chinese money coming back in, I am suggesting to eye for the following companies. Moreover, the holiday season is coming for China, and people tend to spend more on travel and other activities.
Trip.com Group Limited (NASDAQ: TCOM):
Trip.com is a Shanghai-based travel service provider that offers accommodation reservations, transportation ticketing, packaged tours, corporate travel management, and other travel-related services in China and internationally.
Time to take a trip - TRIP.comAlso known as Ctrip in China , this is one stock that I like a lot.
There are millions and millions of Chinese each year that are getting richer and are eager to see the world but first China. That means, those in 3rd tier wants to come to 1st tier and those rich enough in 1st tier are getting out of the country even more than before. This rate of outbound travel will not likely stop due to the slow down of China economy.
In fact, when one is stressed, lost job, whatever, taking a trip seems like the logical thing to do, isn't it?
Read this article : jingtravel.com
www.scmp.com
TCOM Trip(.)com Group Options Ahead Of EarningsLooking at the TCOM Trip(.)com Group options chain ahead of earnings , i would buy the $35 strike price Calls with
2023-1-20 expiration date for about
$1.77 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
TCOM Hedged Options TradeAt the midpoint of travel, China, and the internet is Shanghai-based TCOM -- owner and operator of Trip. com, Skyscanner, Qunar, TrainPal, MakeMyTrip and other websites for hotel reservations, transportation tickets, corporate travel, and other travel services internationally. Other areas of business are insurance products, tours and packages, travel data collection and analysis for companies, travel reporting, online advertising and financing services. As China re-opens after COVID, Beijing attempts warmer relations with Washington, and revenge travel buoys both short- and long- term outlooks for the industry, the weekly chart for TCOM shows mainly bullish with a bit of indecision. A quick peek at popular sites like Yahoo Finance confirm a positive outlook, with the majority of analysts saying it's a buy, with a few "strong buys" and a few "holds."
This hedged options strategy can make up to 12% (21% annualized) while allowing TCOM room to fall 35% to below $18.81 through next June before losing any money.
Buy 1 $28 Call
Sell 1 $32 Call
Sell 2 $19 Puts
All expiring 6/16/23
Capital Required: $3763