TECHNICAL ANALYSIS

TRIP COM may trend higher after it gapped up and surpassed the immediate resistance of HKD406 a few sessions ago. In view that the stock is pulling further away from all the EMAs, supported by positive technical readings in RSI and MACD, additional strength may prevail in the near term. We expect the rising momentum to steer the stock higher and test the next level of resistance in the near term.

Fundamentals

Net profit is expected to grow at a CAGR of 15% for the next 3 years with strong net margins of around 25%.

Source: Rakuten Research - 14 May 2024

To sign up for an account : http://bit.ly/40BNqKI

[Youtube Tutorial] Account Opening & Enable Foreign Equity:http://bit.ly/3I5Jzxo