July 15th, 2010 by Marubozu
Best World’s chart is redrawn after issuing Bonus 1 for 5 Shares on July. There is a dilution effect and thus previous price history were adjusted down. Best World is still trading in a Wedge pattern but today trade see a Doji candlestick, indicates a stop of the recent up trend. Coincidently, this Doji candlestick [...]
May 31st, 2010 by Marubozu
China HongXing has been on free fall recently after announcing worst than expected quarterly. Although the company is still cash rich, the financial ratio has been pretty poor compared to their peers. ROA & ROE are only a pathetic 3% in FY2009 compared to previous years of more than 10%. Recent chart suggests that China [...]
May 26th, 2010 by Marubozu