China Battery Turns Out To Be Perfect Trade
Posted by Stock Online Trader in Stock Review on 10-01-2009
CBAK is a short below 5.00, stop loss on > 5.00. Be cautious coz it does alot of fakeouts. However alot of downside if it fades nicely. Will be watching closely.
CBAK was on my watchlist from yesterday. Was choppy in the morning, but once it settled down it started selling of nicely. Down 10% now.
BEE might be quick short scalp below 2.50 break. It is moving sideways
BEE down 10% at 2.31 now.
GTN might have some short juice left below 2.25 break. Careful
GTN down 10% at 2.08 now.
LUNA down 14%. Still more downside but the risk/reward is not too good. Careful
LUNA down 11% at 1.90 now.
Some good shorts !!!