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A Journey to Profit: Travel Service Sector Shows Resilience

Writer's picture: CUHK Quant Trading SocietyCUHK Quant Trading Society



With the upcoming holiday season, including Thanksgiving, Black Friday, and Christmas, it is expected that more people will go on travel, resulting in significant benefits for the travel service sector. Furthermore, due to a positive outlook on retail sales, investors hold an optimistic view regarding consumption demand and the sector's prospects. These factors have collectively contributed to a notable recent surge in the sector. As a prominent stock within the sector, it has displayed an early bullish breakout from a significant resistance level, indicating potential for a long position.


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