Inverted Cup and Handle observed for TCOM!!!Inverted Cup and Handle observed for TCOM!!! Prices can also be seen dropping on the cup and handle line! Is this a clear signal for an upcoming long term downtrend? Or there's some bigger picture to be seen? Please let me know your thoughts!Shortby aniHotmailPublished 0
#HILTON HOTELS GROUP #HLT plus #TCOM ctrip.comA solid #company hmmm but doesn't pay you to hold (not much in #dividends) strong balance sheet as it has plenty of cash. BUT #TCOM could be a real money maker please do your own research on the metrics of this company in terms user growth and market penetration.14:08by BallaJiPublished 1
Keep this stock in your watchlist !I am keen to acquire this stock as I expect the domestic tourism business in China to improve further and is a matter of time before the outbound travel commence. Nobody can travel without making a booking and you need a platform. Trip.com is well positioned in this business ! At the moment, chart is tough to analyse so I will wait a while more and yes, IPO stock is speculative but this is not a new listing per se as it is already listed in the Nasdaq market. Longby dchua1969Published 112
Add into consolidations support- Up trend and pullback into support - Risk against 38.40. RR ~ 1.8Longby harryexePublished 111
$TCOM Bull flag Looks to be holding the bull flag indicator. Stop loss is at the volume support node, but since this is a reopening play I doubt that is too much of a concern. Targeting 45 before April Op-ex but could extend higher. June 18th 45calls have significant flow, so that may be the option play. Longby NapoleonStockSPublished 0
Reversal setup #stocksTcom has a great reversal setup unfolding. A buy here with a stop below 31.19 looking for a play back to the range (rectangle) high and then hopefully toward 37. Recent absolute rate of change has been choppy but there was strong momentum November into December so hopefully the speed to the upside will continue. There could be great breakout potential here if this initial reversal works out because the stock has done nothing for months Longby IngenuityTradingPublished 220
TRIP.COM ON THE RISE ! BULL FLAG SEEN !Loaded up on 350 shares of this company. Will aim to take profit at $45 to $50 region. Thanks for viewing! This is not financial advice, please consider your own Due Diligence and Risk Management. If you have any questions, please ask! SL AT $27.50 Region.Longby UnknownUnicorn5026590Published 2
$TCOM with a bearish outlook following earning release$TCOM is projected to have a bearish outlook as per PEAD after a negative under reaction following its earning release with the stock being placed in Drift D If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us. Shortby EPSMomentumPublished 0
Roll over and dieTrip.com is in a long term decline. Short term, who knows. Long term, it is going down.Shortby hevangelPublished 0
Cup and handle , follow the chart NOT YOUR EMOTIONS !! $TCOM Cup and handle , follow the chart NOT YOUR EMOTIONS !!Longby K-alonziPublished 1
We need to see the world out there !read this article here If you read between the lines and have a longer term perspective, this testing is a piece of good news. It is a form of insurance for both sides, really. Once the vaccines are out, perhaps, lesser testings would be required and less stringent measures for outbound travel. Singapore has been one of the popular country where the Mainland Chinese loves to come, many migrated here, bought properties for investments and or let their children study and eventually work here. As one of the safest country in the world to live in, it offers lots of stabilities to the ultra rich who are finding ways and means to move their assets out of China. From chart, we can see the share price has rebounded more than 50% from the March low and I believe it will continue higher. For those who wants additional margin of safety, you can wait for the breakout of the bearish trend line first. Longby dchua1969Updated 2
TCOM possible resistances and supports.Lets see if it can break the down trend.by EgemenAnilPublished 2
TCOM Analysis Ascending Triangle + Bullish Engulfing Outside Bar + Momentum TCOM closed Friday with a strong bullish engulfing outside bar candle with a long wick rejection of the 14EMA and Trend Line. The Ascending Triangle breakout will give us a price target of 30.24 but to be safe with Options I would look for initial sell at 29.02 with a secondary target at 30.92. (30 call strike will work best) Wait for a breakout over resistance before entering Long trade. Longby itsCblastPublished 7
BEGIN NEXT WEEK DOWN - TRIP.COM GROUP LTD - 30MNWe observed a strong selling signal just before the exit of the trade. The suppor t is still very strong but we noticed a second possible support if the market decides to break the first black line. Possibility of formation or larger candlesticks with huge volumes indicating a significant change. Possibility , therefore, of generating profits in the short direction. Next: Be ready from Monday opening session ... if you miss it try to not miss out on the last third of the day in which investors are very dynamic in this market. Have a good weekend and enjoy!Shortby Diallo_Charts_IdeasPublished 4
Hard habits to break Read this articles here , here and here You see, habits once formed is hard to break. There were write up that says the consumer buying behaviour will not be the same post Covid-19. I tend to digress from personal experience and observation. When I was working in China a decade ago, I had to give up the Singapore flavour coffee as there were none there. Starbucks and Coffeebean were popular but they were expensive and they are not really for coffee drinkers (you may argue on that point, its ok) I was not too surprised when I returned years later, I could pick up the habit of drinking local coffee like a fish to its water, naturally without much hesitation .The years of suppression did not change my habits at all, they were merely tuck away somewhere till the right time comes along. So, you can see from above articles, travelling brings about a lot of benefits to people. Some find it a great way to distress, to know new friends, to get more business, to tick off the bucket list and so on.......... Those airlines and cruise ships that can survive post Covid-19 will continue to see their business coming in, maybe not in big waves like before but the attraction will still be there. This period of staying at home, probably doing repetitive tasks over and over again have make many going bonkers and yearn to get out as soon as possible. Thus, they decide to take a risks and get out during the Easter holidays. Were they doing the society a favour by not keeping the social distance ? I leave that to your judgement. One particular counter that I have been watching for a while is TRIP.COM. The local chinese are starting to go out again within China . Read latest article here From the chart, we can see the price action has break out from the bearish trend line and is now consolidating. Once the price breaks out from the rectangle pattern, it should goes higher. There lies a possibility for another leg down which is good because I can grab it at cheaper price. Longby dchua1969Updated 6
TCOM Long Momentum Swing TradeTCOM high momentum move. Risking 0.75 capital on a bullish move with TCOM. Target is $38.63, $36.40 entry was at $37.15 Hold time will be 2 weeks. Longby Synaptic724Updated 5
$TCOM Waiting on buy level for Trip.Com Entry level on break above resistance @ $36.00 = Target price $40.00 = Stop loss $35.00 Major break from downtrend and possible triangle Indicators are bullish but volume remains to low for a significant move. Well below some highly unusual price targets and 24 buy ratings Trip.com Group Ltd. engages in the provision of travel-related services. It provides hotel accommodations, airline tickets, packaged tours, corporate travel management services, property management systems, and advertising services. The company was founded by Jian Zhang Liang, Min Fan, Nan Peng Shen, and Qi Ji in June 1999 and is headquartered in Shanghai, China. by BullishchartsPublished 32
TCOM bounce off supportPros: - MACD, FI. EMA all sloping up - Bullish hammer follow by a big green kicker candle - Both MACD and FI trace higher lows in sycn with the higher lows candle - Weekly candles loooking decent. Each lower lows traces a higher macd low Neutral: - Volume is quite average on the reversal candles - Potential realistics profit target is pretty average at around 2R Cons: - Counter trend trading and no divergence. Trade Grade: 5/8 EMA: 2/2 MACD up: 2/2 Force Index up: 2/2 Volume on reversal candle: 1/2 Counter trend: -1 Divergence: -1Longby zukeduPublished 6