Thursday, July 29, 2010
Time to Rocket? (2010-07-29 21Holdings analysis)
I found an interesting small stock --- 21Holdings (1003.HK). It surged 17% today. Going deeply into it, I found that although it kept dropping in last four months, the volume was not high, which meant those corporate investors were not distributing their shares to retail investors. It may even give hints that they are currently collecting the shares, and preparing to push up the stock price. 17% is surely just a penny to them. If the price could break the 50SMA tomorrow, I would expect the price reaching 0.154, or even higher.
Good luck.
張貼者:
Jeffrey Sha
於
9:38 PM
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