Blog Archives

MOBI Reluctant to Pull Back

MOBI, a China Stock I mentioned a couple of days ago appears to be in no mood to go lower than 11.20, a level I had identified as a possible retest range after the break out move. Yesterday MOBI printed a small shooting start type candlestick, a potential reversal sign,

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Posted in China Stocks, Stock Setups
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SKY MOBI a Potential Huge China Growth Stock

I really like the potential of MOBI, a Chinese Growth Stock and an IPO as of 12/10/10.  I found out about MOBI through MarketClub’s Powerful Chart Analysis and Smart Scan Tool.  Some Chinese stocks have taken big beatings in late 2010 and early 2011 as there have been some issues

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Posted in China Stocks
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China Automotive Systems Inc CAAS Still in a Long Consolidation

China Automotive Systems is an automotive parts supplier and according to their website is the leading supplier with 15% market share.  They may be a leading supplier of automotive steering systems and other parts, but this market is also quite fragmented.  Still China is well on its way to becoming

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Posted in China Stocks
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Went Long MY China Ming Yang Wind Power Group Ltd Yesterday

I went long China Ming Yang Wind Power Group Ltd yesterday at 10.68.  I don’t usually bother much with IPO stocks but this one seems to have a good setup.  It hit a higher low and RSI came down near the 30 range and it was clearly in an oversold

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SPU SkyPeople Fruit Juice Inc Looks Bullish

SkyPeople Fruit Juice, Inc is a Kiwi and other specialty fruit juice maker out of China.  It is expanding distribution and there seems to be a developing growth story here.  The chart of SPU shows that SkyPeople Fruit Juice, Inc has busted out of a somewhat large coil and now

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China Agritech Inc May be a Very Good Position Trade Going Forward

I posted before briefly on CAGC China Agritech Inc as having a good possibility of moving higher to the top of its inverted triangle pattern.  But after looking at the longer term chart and evaluating the risk reward I think I have to conclude at this point that CAGC is

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Posted in China Stocks, Market Timing, Stock Setups
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China Agritech Inc. CAGC Maybe Due for a Short Term Bounce

Assuming the short term bullish divergence in the broad market holds up I am thinking that China Agritech Inc. CAGC might possibly get a bounce going expanding into its inverted triangle. A move higher in China Agritech Inc. after today would put it above the long term bear market down

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China Agritech Inc Pulls back to the bottom of the broadening wedge formation

China Agritech Inc CAGC has pulled back all the way to the bottom of its broadening wedge formation and it did it a lot sooner than I thought it would.  I indicated in a previous post that China Agritech has a habit of being just as volatile on the downside

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Posted in China Stocks, Stock Setups
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Another Quick look at CAGC China Agritech Inc.

I already talked about China Agritech Inc. yesterday.  But I wanted to post this semi-log chart which more clearly shows the juncture this stock is at right now.  It did break down today and pushed the RSI below historically supportive levels which is a concern. Also, based on the chart

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Posted in China Stocks
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China Agritech Inc at a Moment of Truth

China Agritech Inc. is right now from a technical analysis standpoint at a moment of truth in my opinion.  CAGC in the past has consistently held the support of its 50 day moving average and also the 42 RSI level (Relative Strength Index). The 42 RSI level has repeatedly served

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Posted in China Stocks, Online Trading
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