I'll be the first to admit that I haven't had a lot of luck with Chinese stocks, but I have had luck with this type of break out pattern. This could be a continuation play tomorrow or a "wait for a pullback" scenario. At the very least it's one to watch and I will update.
Thursday, August 14, 2008
Trader Radar
Posted by upsidetrader at 6:04 PM PERMALINK
Labels: ctrp
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About Me
- upsidetrader
- I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.
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