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All postings and comments are based on my personal opinion. It is purely for sharing purpose and no inducement for any buying or selling.
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Sunday, February 25, 2007

China Paper

As the demand for paper products in PRC remains strong, this is a stocks that we can look at. Further more, it has recently invested Rmb80m in new waste water treatment facility, this will helps the company in future growth.

Base on chart, it is currently supported at 0.30 and next resistance at 0.335. MACD has crossed over the zero centerline, RSI and stochastics is moving up. A bullish sign.

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