Trip.com Group (TCOM) reported Q4 EPS of RMB0.76, RMB1.01 better than the analyst estimate of (RMB0.25). Revenue for the quarter came in at RMB5 billion versus the consensus...
By Davit Kirakosyan Goldman Sachs lowered the price target on Equitrans Midstream Corp (NYSE:ETRN) to $9.50 from $10.00 while maintaining a Buy rating. Shares closed more than 2%...
China has officially started loosening covid restrictions. Time to get in!
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ohhhh, what a volume...:)
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BEIJING (Reuters) - The number of passenger trips during China's Lunar New Year holiday this year is expected to have grown 31.7% from last year, China's state television CCTV said on Sunday, citing the transportation ministry.
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Market Mìracle advisor has on the site a BUY signal with target 27.20
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Good Play long term here!
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has trouble pickup significantly on the new wave Corona different ways reading again travel from several countries are still blocked sugar e Haider 222 223
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Price is testing the $35 support. This support is strong and can be identified from 2014. Also it is aligned with the 200MA. It was tested for the first time in '21 back in APR, when price took off to 41 after touching $35.
Price has been in range ~35-41 since FEB. In JUN the downtrend started, crossing without any serious resistance the mid support of 39. On the 1D TF price made two attempts on JUN 28 & 30 to reverse.
It seems that with current conditions price can’t reverse, although the Stochastics show a prolonged period of price staying at the oversold area (this happened again in MAY '19 and MAR '20). What puzzles me is the fact that NASDAQ is in record levels and TCOM cannot capitalize on that. So I wonder what will happen when (not if) NASDAQ reverses. This phase we are in, might be a consolidation phase and the optimistic scenario is that we will surprised in the next 2-3 sessions positively. If we break current levels to go lower then the next serious support is at ~30.
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Needless to say that I regret opening those longs!