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yeah cheers .. I'll hold too .
I am not bothered by all the corrections and I might hold this stock for 2 years or more..............
THIS IS A VERY GOOD COUNTER , DON'T ALLOW TH BIG BOY SCARE U IN 3 MTHS U SHALL SEE IT'S LIKE SINO ENV, OR JUTIAN
Is tis on trend reversal now ?
I agree with tabbykat.... this counter is on downtrend now
I see from my chart and MACD Histogram, it is going south.
Better punt on HG Metal. Same business, less volatile.
Cheers.
any experts / pro care to comment on its trendline ?
Cheong already !!!
Though there is support, but seem like the price is some how prevent from going up? Confused and ignorant ... :)
Anyone wonder about the 15 days CNY in china?? will half a month erode the profits?
May not be a correction as price is supported by very strong volume at current level..
be careful, correction within 2-3 days... :(
I think it will go up tomorow................tp 1.80
Agree..continuing uptrend supported by high volumes.
There is still a lot more steam to go.......:)
Seems like running out of steam.....
Any idea why is it down?
J.P. Morgan initiated its coverage of the stock with an "overweight" rating and a target price of $2.00.
"FerroChina trades at 8.8x its 2007 financial year earnings, a discount compared to regional steel galvanised processors trading at 11.2x," said J.P. Morgan analyst James Sekchuan Tan.
Tan added that the firm could lead China's galvanised steel processing industry by 2008.
All the way to "The Great Wall Of China!"
ferocious FERROCHINA....................TP $2.50