Sinopipe ($0.525, 20071026):
Has a good run up since the last set of Buy signals (blue arrow), now it is retreating after forming the Double-top pattern. Supports at around $0.43 to 0.45:
Sunday, October 28, 2007
Saturday, October 27, 2007
Delong
Friday, October 26, 2007
WanXiang
WanXiang ($0.37, 20071026):
3 months after IPO in July, a profit guidance was issued today. Looking at its charts, one can find several warning signals:
1. Bearish signal started to cross down in early October (Chart 3)
2. Price fell into the lower price band (Chart 1), a sell signals appeared (Chart 4) and the Trix sell signal was triggered (Chart 7)
3. MFI and RSI turned bearish (Charts 5 and 6)
3 months after IPO in July, a profit guidance was issued today. Looking at its charts, one can find several warning signals:
1. Bearish signal started to cross down in early October (Chart 3)
2. Price fell into the lower price band (Chart 1), a sell signals appeared (Chart 4) and the Trix sell signal was triggered (Chart 7)
3. MFI and RSI turned bearish (Charts 5 and 6)
Sunday, October 21, 2007
BioTreat
Saturday, October 20, 2007
China Engergy
Sino TechFibre
Sino TechFibre ($0.885, 20080104):
Closed with 52-week low. Price action and all indicators are very bearish:
Closed with 52-week low. Price action and all indicators are very bearish:
Sino TechFibre ($1.27, 20071019):
Price crossed into the lower price band and touched the lower price line which served as a good support on last Friday. A sell signal had appeared recently and with the rapidly deteriorating indciators, it is expected to dip further below the support at 1.24 in the coming weeks:
Price crossed into the lower price band and touched the lower price line which served as a good support on last Friday. A sell signal had appeared recently and with the rapidly deteriorating indciators, it is expected to dip further below the support at 1.24 in the coming weeks:
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