
Start to move again, if can break 0.30, prepare to break 0.39, next target will be 0.54
Elizlow is right. More downside after breakdown of $0.30 level. Next supports - $0.275, $0.27 and $0.255. Avoid.
I see this counter downtrending for the next few weeks.
Chartman's chart dated 10.9.06 showed that Sunray is technically weak after breaking down from support at 0.30 level abeit with low vol. Prices could slid down to 0.275 region if it does not stable itself along the upwards-sloping trendline. Its weakness is shown by the rsi as it is trapped within downward-sloping trend channel at the moment.
waiting for it to breakout again, consistance growth
Expect this counter to breakout of the long term resistance at 0.54 if it is discover by investment institute.
This company shows continuous growth which is following the demand trend for medical facilities in China. The recent 1st quarter result release indicate an increase of 22.6% net profit compare to last year.
0.3~0.31 is an good entry point.
Fundamentally good, low volume as fall from high point, if fall from high point volume is still high, that may be quite dangerous as it may fall furthur. It is consistent with the divident pay out. Expected to rise to it high level and break the resistant by end of this year.
Yeah... low volume stocks not too good for TA people.
For FA people maybe?
For FA people maybe?
Same businesses as Landwind on medical field but vol. quite low recently.
you vested?
This is actually a good company to vest in, those who have follow closely will know that it earning is always increase slowly, as China become richer, the medical service will become more affortable and the demand for medical instrument will also increase. As the generation which can have one child reached to 40 ~ 50, the number of elderly will increase and demand for medical treatment will also increase. Lets watch it fly when more investor discover this gems.