If you haven`t bought TCOM before the previous earnings:
Then analyzing the options chain and the chart patterns of TCOM prior to the earnings report this week,
I would consider purchasing the 55usd strike price in the money Calls with
an expiration date of 2024-9-20,
for a premium of approximately $6.45.
If these options prove to be profitable prior to the...
On 2/21/2024, Trip.com Group Limited (TCOM) reported earnings of $0.62 per share on revenue of $1.45 billion for the fourth quarter ended December 2023. The consensus earnings estimate was $0.33 per share on revenue of $1.43 billion.
Financial Performance and Analyst Forecast
Analyst Consensus: Trip.com enjoys a "Strong Buy" average rating from analysts, reflecting a bullish outlook on the stock. The consensus 12-month price target stands at $50.4, indicating a substantial upside potential of 36.22% from its recent trading price. This optimistic forecast highlights the market's...
Trip.com (TCOM) presently testing significant long-term resistance, able to contain monthly buying pressures. From here, sellers can gain control and (TCOM) can fall back to support, eliciting losses of 20% over the following 2 - 3 months. Inversely, a weekly settlement above this long-term resistance would result in a buy-signal where gains of 20% would be...
TCOM setting up to launch... Made DEEP support and about to pop the last string on my ribbon. The ESVO is a col and price oscillator that marries the two together... the lines are where all time frames interest is centered. So major support and resistance is created when they merge together. meaning all the time frames are in agreement on where the price is.......
Middle line on this hourly chart is acting as support.
If support follows through then this could turn bullish.
A down trend is evident leading to the middle line.
Lets just see if the middle provides further support.
If you haven`t bought TCOM here:
Then Analyzing the options chain of TCOM Trip dot com prior to the earnings report this week,
I would consider purchasing the 34usd strike price Puts with
an expiration date of 2023-6-16,
for a premium of approximately $1.17.
If these options prove to be profitable prior to the earnings release, I would sell at least half of...
As China re-opening the border and eases the COVID restrictions, I am speculating that millions of tourists will splurge at travel companies.
Within half an hour of China’s announced policy change, searches for travel abroad surged to a three-year high, according to Trip.com Group.
As the travel volume goes back to normal due to Chinese money coming back in, I...
Also known as Ctrip in China , this is one stock that I like a lot.
There are millions and millions of Chinese each year that are getting richer and are eager to see the world but first China. That means, those in 3rd tier wants to come to 1st tier and those rich enough in 1st tier are getting out of the country even more than before. This rate of outbound...
The PEAD projected a Bearish outlook for $TCOM after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 66.67%.
Looking at the TCOM Trip(.)com Group options chain ahead of earnings , i would buy the $35 strike price Calls with
2023-1-20 expiration date for about
$1.77 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
At the midpoint of travel, China, and the internet is Shanghai-based TCOM -- owner and operator of Trip. com, Skyscanner, Qunar, TrainPal, MakeMyTrip and other websites for hotel reservations, transportation tickets, corporate travel, and other travel services internationally. Other areas of business are insurance products, tours and packages, travel data...
The PEAD projected a Bullish outlook for $TCOM after a Posiive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 66.67%.
The PEAD projected a Bearish outlook for $TCOM after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 50%.
Buy (Entry Price) above the black line and exit (Stop Loss) below the red line. Can take profit at the suggested Target Price.
(1)
Entry Price: $26.75
Target Price: $27.38
Stop Loss: $25.70
(2)
Entry Price: $26.29
Target Price: $27.06
Stop Loss: $25.52
Based on its downtrend, regress off resistance and a familiar chart pattern confirmed by my technical indicators, I expect at least half a percent of profits IF $TCOM breaches today's low of $22.46 during tomorrow's session.
