A lot of great action has been found in Chinese names the past few weeks, and I believe that action may continue for the remainder of the year.
Here are two on top of my list going into tomorrow:
The first is [[CTFO]] , just replace the C with a B and you have a BTFO, I’m a buyer on strength:
The next one is [[CHBT]] , I like this one on strength and expect a bounce here of the 50 day moving average. This trade is easy to manage with the 50 day right underneath, that is where I would place my stop.
Hat tip to Hooper, a gentleman inside The PPT, for bringing this one to my attention.
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off topic: this airline is on top of my watchlist: http://www.freestockcharts.com/tweets/?chart=31508284-3e9e-4145-a0d5-3ee71ab67c9f&refURL=http%3a%2f%2ffsc.bz%3a81%2f2AZ
JASO looking like its in BTFO mode
JASO
BTFO
Thanks for the tip last week RC
new trader here, some other china names i’m looking at are EDS, IDI, TMI, HWG…any thoughts if you have time 🙂
EDS looks best on strength.
Hope you guys took a piece of CHBT.
Allen, I’ll take a look.
I did a little earlier today. My Chinese Lotto holdings are CFSG (credit myself), CHBT (credit RC), CTFO (credit RC), and YONG (credit HF).
off topic, DCTH breaking out, I added to my position.