Technical Analysis – 19 November 2024

Shares closed higher above the 5dEMA with a surge in volume. 5dEMA just crossed the 20dEMA.
MACD is about to turn positive, RSI is constructive.
Long – Entry 8.00 Target 9.00, Stop 7.50

Shares closed at a high since Feb 2024 with a surge in volume. 50dEMA just crossed the 200dEMA.
MACD is positive, RSI is constructive.
Long – Entry 7.20 Target 8.00, Stop 6.80

Shares closed at a high since April 2024 with a surge in volume. 5dEMA just crossed the 200dEMA and the 20dEMA is about to cross the 200dEMA.
MACD is positive, RSI is at an overbought level.
Long – Entry 0.880, Target 0.940, Stop 0.850

Shares closed at a high since March 2024, with a surge in volume. 20dEMA just crossed the 200dEMA.
MACD is positive, RSI is at an overbought level.
Long – Entry 3.30, Target 3.70, Stop 3.10

Shares closed higher above the 5dEMA with more volume. 5dEMA just crossed the 200dEMA and the 20dEMA is about to cross the 200dEMA.
MACD is positive, RSI is constructive.
Long – Entry 3.25, Target 3.55, Stop 3.10

Trip.com Group Ltd (TCOM)

3Q24 Revenue: $2.3B, +21.7% YoY, beat estimates by $130M
3Q24 Non-GAAP EPADS: $1.25, beat estimates by $0.28
4Q24 Guidance: No guidance provided.
Comment: Trip.com delivered impressive results for 3Q24, underscoring strong performance across its international travel segments. Outbound hotel and air ticket bookings, as well as hotel reservations, surged to approximately 120% of pre-COVID levels from the same period in 2019. Meanwhile, international OTA brand bookings for air tickets and hotels grew over 60% year-over-year. Buoyed by increasing consumer confidence and rising travel demand, the company remains optimistic about sustained growth in the travel industry. Trip.com continues to prioritize investment in research and development, with a firm belief that AI-driven innovation will be instrumental in shaping the future of global travel. Looking ahead, the company can anticipates additional momentum from the upcoming winter travel season, further boosting revenue potential. 4Q24 recommended trading range: $60 to $70. Positive Outlook.

携程 (TCOM)

24财年第三季营收：23亿美元，同比增幅21.7%，超预期1.3亿美元
24财年第三季Non-GAAP每股盈利：1.25美元，超预期0.28美元。
24财年第四季指引：不提供指引。
短评：携程在第三季度取得了令人印象深刻的业绩，凸显了其在国际旅游领域的强劲表现。出境酒店和机票预订量以及酒店预订量与2019年同期相比飙升至约120%。与此同时，国际OTA品牌机票和酒店预订量同比增长超过60%。受消费者信心增强和旅游需求上升的鼓舞，该公司对旅游业的持续增长持乐观态度。携程将继续优先考虑在研发方面的投资，并坚信人工智能驱动的创新将在塑造全球旅游的未来方面发挥重要作用。展望未来，该公司预计即将到来的冬季旅游旺季将带来额外的增长势头，进一步提高收入潜力。24财年第四季度建议交易区间：60至70美元。积极前景。