We are at the resistance after a soft less than 4% decline. I really have no idea where the market will go next, so light positions should still be suggested. Or cash until we get our trend back again.
Sunday, June 9, 2013
The pullbck is over?
We are at the resistance after a soft less than 4% decline. I really have no idea where the market will go next, so light positions should still be suggested. Or cash until we get our trend back again.
Sunday, June 2, 2013
Tuesday, May 28, 2013
Updated: XRS
Chinese education ADRs have showed relative strength, one of them is XRS. EDU broke out as well.
Friday, May 24, 2013
A minor hiccup?
After absence of break out setups for less than a week, I've got more than a dozens of them tonight, which makes me think this week's decline, only a minor hiccup in a longer term bullish trend. It seems that Japanese market's 12% drop has washed out weak hands and now some of previous leaders are ready to burst out again.
Thursday, May 23, 2013
QIHU
QIHU has been performed very well for a Chinese ADR. I will probably re-visit it once the market stabilize.
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