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Saturday, April 26, 2008
Friday, April 18, 2008
BioTreat
BioTreat ($0.335, 20080425):
BT dropped another 13% since last update on 20080418 to all-time low at $0.335, with a weak support at 0.24, all indicators are extremely bearish:
BT dropped another 13% since last update on 20080418 to all-time low at $0.335, with a weak support at 0.24, all indicators are extremely bearish:
BioTreat ($0.385, 20080418):
1. There had been lots of warning in the media and the net about this stock since the middle of last year;
2. On 20080410 it dropped from an intraday high of 0.55 to close at 0.495. Some early warning signals had started to appear;
3. Volume increases and a Sell signal appeared on 20080417 followed by more confirmation signals.
Since our last coverage on 20071019, its share price has dropped about 50%. Click on chart for details:
BioTreat ($0.775, 20071019):
Double-Sell signals with bearish indicators, with supports at 0.70 and 0.65:
1. There had been lots of warning in the media and the net about this stock since the middle of last year;
2. On 20080410 it dropped from an intraday high of 0.55 to close at 0.495. Some early warning signals had started to appear;
3. Volume increases and a Sell signal appeared on 20080417 followed by more confirmation signals.
Since our last coverage on 20071019, its share price has dropped about 50%. Click on chart for details:
BioTreat ($0.775, 20071019):
Double-Sell signals with bearish indicators, with supports at 0.70 and 0.65:
Sunday, April 13, 2008
FTSE ST China Index
Similarity between FTSE ST China Index and Our Top10 Approach:
Our approach of monitoring S shares using the average of the top few best performaning China stocks gives rise to similar plot of the FTSE ST China Index (See Charts below).
The Yahoo Finance site provides plot of FTSE ST China Index only up to a maximum of 3 months whereas our approach gives a longer history, and it also generates the Total Trade which indicates the total amount of shares traded in dollars.
Our approach of monitoring S shares using the average of the top few best performaning China stocks gives rise to similar plot of the FTSE ST China Index (See Charts below).
The Yahoo Finance site provides plot of FTSE ST China Index only up to a maximum of 3 months whereas our approach gives a longer history, and it also generates the Total Trade which indicates the total amount of shares traded in dollars.
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