Wednesday, August 21, 2013

******** Trading BUY: China Env. Share price 0.285.

China Env has cleared the recent high of 0.275 today on TOP 30 volume. Seems like it has broken out of its temporary consolidation phase below 0.275. Range should now be from 0.275 to 0.300. A break above 0.300 can see it trade higher further to 0.35 level potentially. Has been trading consistently above the 20 DAY MA line, broke it slightly last month only to come back stronger. Mainly a short term aggressive trading call with a tight stop loss to ride any short term upside.
Stop loss at 0.265.

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