
hmmm...i see the support more at 48 cents
Support at 0.525 broken.
then should be a good buy tomolo
technical analysis is correct
rebound from 0.525
Lots of buyers forming up queues..
575 lost suooprt,,,,,,,,,,next point heavy guard at 525cts,,,,,,,,,monday see tis ,,,,,,,,,,,luck dump my 57cts all friday at a lost,,,,,,,,,,,,,,,can buy low now................
closed at 57, nothing change, hope next week will up if base on the indicator, my view only
looking on the short term trend charts...just like to share with u guys on what i saw...
u link the highs of 7 May, 16 May, 21 May, 23 May, 2 June...shld be able to see the downtrend resistance line...
the stochastic hasn't shown signs of recovery..it will be good to observe if China Hongxing will break out and close well above the downtrend line...and other indicators like GMMA etc etc
I think is hard to correlate resistance/ support these days to hot stocks.. it might just chiong or down like no tomorrow without very solid reason. But i see good sideway run for CHXing. After all still a good fundamental to accumulate. Could be the first S-Stock potentially rebound strongly soon.
Maybe 0.53 ya.......or even break 0.50
personally think not yet...its better to get at a higher price when the current downtrend is broken...currently it is still hitting resistance of the trendline and going down...probably better to see it break out of the downtrend...safer la
Do you guys think 0.58 is a GOOD entry???
China Hongx | Symbol: BR9 |
Currency: Singapore Dollar |
Last: | 0.575 | ![]() |
Vol (K): 7133.0 |
Trading | |||||
Updated Time | 06-Jun 10:38 | ||||
Open | 0.58 | High | 0.58 | Low | 0.57 |
Prev Close | 0.57 | Buy | 0.575 | Sell | 0.58 |
Volume(K) | 7133.0 | Buy Vol(K) | 737.0 | Sell Vol(K) | 1766.0 |
52 Wk High | 1.42 | 52 Wk Low | 0.425 | 52 Wk Avg Vol | 20278.884 |
All Time High | 1.45 | All Time Low | 0.405 | ||
Comments | No Info |
*Reporting Currency in CNY
Important: ShareJunction obtains our finance data from a third party. Data may not be updated. Check Financial Year before use.
Financials | |||
Date Updated | 30 May 2008 | Financial Year | 31 Dec 2007 |
Current Year Profit (After Tax) $'000,000 |
416.453 | Previous Year Profit (After Tax) $'000,000 |
214.63 |
Net Asset Per Share | 1.39 | Turnover $'000,000 | 499.15 |
Current Year EPS (After Interest and Tax) |
0.16 | Previous Year EPS (After Interest and Tax) |
0.09 |
PE Ratio (After Tax) | 17.4 | Times Covered | 4.5 |
Price (at update time) | 0.59 | Dividend Yield | 0.07 |
*Technical Analysis Information is updated Daily
Technicals | |||||
RSI | 35.68 | Williams %R | -96.0 | ||
Comments (RSI) | No Info | Comments (W%R) | Oversold |
after down for some many days'
i beleive tomolo will try to recover the lost ground
its been reaching newer lows gradually. sense more downside potential still...wonder when will the olympics effect start acting up on its movement

its likely to test 54, todat end at 57.
I fully agree with the rebound speculation.
Technical analysis cannot be awfully wrong as it is a science as well as an Art
Technical analysis cannot be awfully wrong as it is a science as well as an Art
Believed that the recent correction has been over done. Fundamental still intact and chart look good for a rebound.
Going down today.
Thank you. Please keep us updated.

louis_leecs ( Date: 29-May-2008 22:48) Posted:
|
still possible to test 575cts first than ho,,,,,,,,,,fighten sell down,,,,,,,,,,,after that all the ahgou ahmao start to chiong ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,patience and wait
don't know will go lower or not since olympic coming...