CTRIP - $CTRP - Long from buy zone
Price may fill the gap, hence my buy zone ranges from $71 - $66.5. I will look to add a small long from 71 and scale into the position if prices falls lower.
We saw buyers step back in on Thursday from 72.3 but price continued south on Friday possibly taking out some stops and reaching lows of 71.6. Price is oversold on the and I believe we should head back towards $85.