China Stocks – Page 2 – Best Online Trades

China Agritech Inc. CAGC forms Bearish Tri Star Candlestick Formation

February 7, 2012March 15, 2010 by Tom

CAGC the absolutely MASSIVE momentum China Stock Play that has been performing like a true champ, today finished forming a potential pattern that should provide a halt to the rocketing share price.

The pattern is the bearish tri star candle stick pattern. The pattern consists of three candlestick doji’s in what looks like a tri star formation and there exists gaps between the top doji and the two bottom ones.

Now I gotta tell you, I would be the last man on this earth to recommend shorting a super strong momo China Stock like CAGC. However in only 1.5 months CAGC has managed to rise 144% which is astounding. That kind of move is unsustainable and in most cases needs some kind of retracement before it can continue higher.

ZOOM Zoom Technologies a China Stock with Significant Sideways Cause

February 7, 2012March 11, 2010 by Tom

If you had to do an honest comparison between Sky People Fruit Juice (SPU) and Zoom Technologies (ZOOM) I think at this point I would have to say that ZOOM is the winner in terms of risk/reward. My thinking is that ZOOM has a lot of sideways cause building, all the way back to September … Read more

Is SPU Sky People Fruit Juice Still Bullish ?

February 7, 2012March 11, 2010 by Tom

One of the most frustrating things about stock trading is when a stock or index approaches its recent highs and then fails to break through. One of three things can happen. The stock can form a double top and then break down badly by breaking recent support. The second thing a stock can do is … Read more

China Stock SPU Sky People Fruit Juice Appears ready to reach for the Sky

February 7, 2012March 9, 2010 by Tom

SPU Sky People Fruit Juice appears to be in breakout mode at the moment or at least very close to it. The stock has consolidated in a beautiful double bottom formation where the second bottom never managed to touch the first price bottom, a bullish sign. SPU trades quite thin as there are very few … Read more

SPU Sky People Fruit Juice trades higher high and higher low 81% more volume

February 7, 2012March 4, 2010 by Tom

SPU Sky People Fruit Juice today pierced on an intra day basis the 6.60 level I mentioned in previous posts and it did it on volume of 267,000 shares. The action is bullish and SPU has traded with a higher high and a higher low on increased volume. A bullish sign. The 267000 volume today … Read more

Three Important Facts About the China Shanghai Composite Index

February 7, 2012March 2, 2010 by Tom

I have been keeping the China Shanghai Composite Index in my index of charts for quite some time now because I felt it was a very important leading indicator and generally good index to look at from a long term perspective. Now here are the three important facts I wanted to bring to your attention … Read more

CTEL City Telecom (H.K.) Limited (ADR) Cup and Handle at Momentum Peak

February 7, 2012March 1, 2010 by Tom

CTEL City Telecom Limited is another China Stock that has some major momentum and volume behind it for months. If you look at the price chart of CTEL you may get a bad case of Acrophobia (fear of heights) as the stock has been powering higher very persistently and most recently done so on robust … Read more

SkyPeople Fruit Juice Inc. SPU tests February 8th swing on 54% more volume

February 7, 2012February 26, 2010 by Tom

SkyPeople Fruit Juice today tested its February 8th 2010 swing high on 54% greater volume which is a bullish sign that it should eventually be exceeded. Yesterday SPU gained about 12% and so I do not consider it unusual to get a pull back today especially since SPU drove right into previous resistance. Only giving … Read more

Still Waiting for CAGC China Agritech Inc. to do a Retracement

February 7, 2012February 24, 2010 by Tom

CAGC China Agritech Inc. is stubbornly clinging to its recent highs and I suspect it will continue to do so in the days ahead before a more involved retracement. I am still trying to figure out where to get long CAGC and as mentioned in a previous post, am looking for 19 and change as … Read more

New Trading Strategy Focusing in on CAGC China Agritech Inc.

February 7, 2012February 23, 2010 by Tom

I want to change focus a little bit and instead of worrying about the indexes and bull or bear market all the time, instead try to focus on strong momentum stocks that are actually making some money. CAGC seems to fit that category well. They are making good money, have good margins and momentum at … Read more