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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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Thursday, December 27, 2007
China Hongxing
China Hongxing. Closed at 0.97 today with higher volume. It has just broke out of the downtrend line with a MACD +ve divergence and stochastic pointing up. A positive sign.
It is currently support at 0.925 and resisted at 1.01, 1.04 followed by 1.08.
Fundamentally, it is a strong stock and the growth has been good.
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