There should be a good reason why the share moved up very fast, Perhaps oven 4 and 5 become operational which will lead to increase in revenue and profit! Or maybe divident coming, free warrent, etc, who knows..
technically, the MA (5) just crossed over MA (21). This is a good sign. Afternoon should see renewed interest to see its retracement to the 0.50 level, and with enough momentum (good news like good results, future contracts, increased production/demand, etc) should see it breach the last high in February.
In recent weeks, the Trump administration has rolled out a series of trade and investment measures that put China squarely in its cross hairs. Clearly, US President Donald Trump and his advisers view China as America’s chief “economic enemy”. The question now is whether they will follow up with an attack on the renminbi, China’s increasingly popular currency
For those who taken profit at this resistant level, you may want to consider buying back... Charts show that it MIGHT continue to go higher this afternoon. Trade at your own risk!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
itch
1,178 posts
Posted by itch > 2018-04-10 22:54 | Report Abuse
Whats your TP acw2368? :)