AcornWealthCorp
Short

CTRP - Short at the break of channel to 41 area

NASDAQ:CTRP   CTRIP.COM INTERNATIONAL LTD - AMERICAN DEPOSITARY SHARES
85 0 1
CTRP             is breaking down from an upward channel. Moneyflow was diverging & now broken down to the negative side. We think it will decline to 41 area.
Just to be cautious it has huge 41.2% short float, so if has good chance to be on short-cover rally.

You can check our detailed analysis on CTRP             in the trading room/ Executive summary link here-
http://www.screencast.com/t/rGuNjpaXMacQ
Time Span: 22:00"
Trade Status: Pending
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