IngenuityTrading

Reversal setup #stocks

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NASDAQ:TCOM   Trip.com Group Limited
Tcom has a great reversal setup unfolding. A buy here with a stop below 31.19 looking for a play back to the range (rectangle) high and then hopefully toward 37. Recent absolute rate of change has been choppy but there was strong momentum November into December so hopefully the speed to the upside will continue. There could be great breakout potential here if this initial reversal works out because the stock has done nothing for months

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