Sunday, October 28, 2007

Sinopipe

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:

Saturday, October 27, 2007

Delong

Delong ($3.020, 2001026):

Profit warning was issued, followed by sell signals and bearish indicators. Price attempted to stay above the central price line but broke down and stayed in the lower price band:

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)


Sunday, October 21, 2007

BioTreat

BioTreat ($0.775, 20071019):

Double-Sell signals with bearish indicators, with supports at 0.70 and 0.65:

Saturday, October 20, 2007

SinoPipe

SinoPipe ($0.54, 20071019)

Sell signals are out and may test supports at 0.53 and 0.51:


China Engergy

China Engergy ($1.36, 20071019):

Its share price movement resembles that of Sino TechFibre (see below) with support at 1.29:


Sino TechFibre

Sino TechFibre ($0.885, 20080104):

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: