With China name SOHU breaking higher from a long base bottom, keep an eye on SINA, another China stock, to see if it follows suit with a move over $50 for its own potential bottom.
Even if not bottoms, they may very well be offering up quick counter-trend trades.
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ANR broke out this morning. Now on it’s way to the next resistance around $4.5
I like ’em both – big upside for the patient investor if they follow-through. SINA has 2.3B in cash with a market cap of 3.3B