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freakscene
05-28-2008, 04:13 PM
chinese steel construction play. interesting chart. pulled back nicely. could be setting up for a good entry. posted some good results last week.

thoughts ?

smartinvestor30
05-28-2008, 04:19 PM
chinese steel construction play. interesting chart. pulled back nicely. could be setting up for a good entry. posted some good results last week.

thoughts ?

If this dips below the 30day MA would you sell/take short postion?

wallstreetsedge
05-29-2008, 12:26 AM
it doesnt look oversold yet.. its also been trading on abnormal volume.. id probably hold back on this one for a few sessions till you get a better idea on this one

Supreona
05-29-2008, 12:33 AM
It may be due for a correction soon, looks like it'd be pretty choppy though.

JMHO

wallstreetsedge
05-29-2008, 12:54 AM
best thing to do is stay away lol

Supreona
05-29-2008, 02:36 AM
lol...I'd agree.