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CTRP worst two weeks in years

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rotation November 18, 2011 (Chinavestor) Shares of Ctrip.com International (NASDAQ:CTRP) fell a record 26.9% in two weeks following 2011 Q3 earnings release. The company fell 12.3% on Monday, the most in 52 weeks and continued to deteriorate for the rest of the week.

CTRP_nov182011_2weekslosses

But Chinavestor calculated oversold monitor suggests the stock is oversold and is ready to make a comeback. Will the fourth week of November prove this indicator right? Time will tell very soon!



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