Sunday, August 13, 2006

Divergence Between Price and Trade (11 Aug 2006)

Group Average Price went down in an upward trend (Chart 1), whereas Group Total Trade continues to fall (Chart 2). Divergence between the two may indicate weakness in the price trend in the near future:

Saturday, August 05, 2006

China Essence Update ($0.630, 04 Aug 2006)

Since it was mentioned on the 25 July with the "Three White Soldier" candlestick pattern (Point A), its share price has been falling till now. A Gravestone Doji was spotted recently (Point B) and that adds more bearishness to its downtrend together with other bearish indicators:

Wednesday, August 02, 2006

China Stocks - Update 02 Aug 2006

Two groups of China Stocks were compared in the chart below, the first is in red and the second in black. The top chart shows their Group Average Price, which is in a long-term uptrend but seems to be turning downward for the short term. The second chart shows their Group Total Trades done: