In Q3 2023, Trip.com Group posted a net revenue of RMB 13.7 billion, marking a 99% increase YoY due to a substantial rebound in the Chinese travel market. The company also reported...
After-Hours Stock Movers: Reliance Global Group, Inc. (RELI) 34% LOWER; announced it has commenced an underwritten public offering. Agilent Technologies (NYSE:A) 5% HIGHER; beat on...
Investing.com - Trip.com ADR (NASDAQ: TCOM) reported third quarter EPS of ¥7.26, ¥2.48 better than the analyst estimate of ¥4.78. Revenue for the quarter came in at...
Bridgewater Associates, one of the world's largest hedge funds, has significantly reduced its exposure to US-listed Chinese companies, according to its latest regulatory filings....
The NASDAQ 100 After Hours Indicator experienced a slight increase, up by 1.72 to 15,133.24, with an after-hours trading volume of 77,351,054 shares. This comes as several major...
The Chinese economy, after enduring a period of economic turbulence characterized by decelerating retail spending growth, falling real estate prices, and a slump in industrial...
Investing.com - Trip.com ADR (NASDAQ: TCOM) reported second quarter EPS of ¥5.11, ¥1.49 better than the analyst estimate of ¥3.62. Revenue for the quarter came in at...
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!