CTRP.COM INTERNAT'L
(CTRP-Nasdaq):
Technical Viewpoint: From a low
of $18.50 on Jan 23, 2009 prices
rallied, reaching a
high of $23.46
on Feb 9, 2009. A
decline saw prices pull back, reaching a
low of
$19.00 on Mar 3, 2009.
Another rally saw prices penetrate
resistance, closing 3/13/09
at $28.21. Technicals: MACD Index (MACD): A Buy Alert!
was given on Feb 27, 2009 when the solid line crossed the dotted line to the upside.
Support: Remains at $24.75. Resistance: Is at $30.75.
Point & Figure: Reversed to the upside on Mar 4, 2009. A P&F upside
reversal takes place at $26.00. Summary: Technical indicators have turned bullish. BUY! CTRP.COM INTERNAT'L
(CTRP-Nasdaq) @ $28.75 Stop: Use a protective stop of $26.75.
CTRP.COM INTERNAT'L is currently trading @ $28.21 plus $3.53 on Mar 13, 2009. Price Objective:
$39.50. Risk/Reward: $2.00 VS. $10.75. Today's Risk Reward Ratio: 5:1
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