Morning Trend | Trip.com narrows volume and grinds the bottom, are the main forces in the tourism sector about to take action?
Trip.com (TCOM.US) has recently been a standard "blind trading," with low volume and no signs of improvement, but there are increasingly more old investors quietly positioning themselves in the community. The key is that the tourism sector has overall entered a phase where major players are choosing sides, and will Trip.com’s next move pull out a new wave? From market feedback, TCOM's current round of adjustments has already carpet-bombed the previous dense turnover area, with support roughly around $30. Currently, there are no unusually large orders appearing in the intraday trading, but under the repeated bottoming state, the volume-price relationship is undergoing structural changes—typical of major player stealth positioning. Traders in the circle are generally observing, with most waiting for signals before taking action. Some aggressive traders who make short-term plays believe that if the tourism sector receives support from the track or stimulus policies at the national level, Trip.com is likely to surprise with a surge, especially when it breaks through $33 with increased volume, which could easily ignite short-term sentiment. Currently, the key is that once the volume effectively expands, the cost of left-side chips is very low, and the sentiment of flipping from short to long can easily be amplified. From a sector perspective, although the overall trend is average, a spiral bottoming often leads to a rapid explosive market. It is essential to closely monitor whether there is active lifting by major players in the intraday and daily K-line levels, especially in the last trading minutes and large order transactions. Some friends making short-term trades have already started to position themselves with small amounts, betting on the upcoming right-side opportunity. The short-term strategy is very clear—wait for volume. As long as there is a "hard pull" action, and the volume is higher than the previous days, it will be a tentative follow-up point. Before there is volume, it is best to keep hands off and observe
Technical Forecast·
