Trip Fell

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My big winner this morning is Ctrip.com, symbol CTRP which was down almost 20% after earnings:

slopechart CTRP

I’ve gone ahead and covered it, but I would cheerfully re-short it on any bounce, since past patterns have tended to push prices all the way down to the major supporting trendline.

slopechart CTRP

And, I’ve got to say, I was pretty optimistic about today until I saw this pre-market:

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