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Momentum stocks early August 2012

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advance9 August, 2012 (Chinavestor) Technical analysts like stocks that trade above their 50-DMA and 200-DMA at the same time. There are thirteen such Chinese stocks on the main board and the NASDAQ. They are in alphabetical order: China Eastern Airlines (NYSE:CEA), CNOOC Ltd. (NYSE:CEO), China XD Plastics (NASDAQ:CHDX), China Mobile (NYSE:CHL), Fushi Copperweld (NASDAQ:FSIN), Huaneng Power Int. (NYSE:HNP), Zhongpin Inc. (NASDAQ:HOGS), KongZhong Corp. (NASDAQ:KONG), Chcina Life Insurance (NYSE:LFC), Mindray Medical (NYSE:MR), Nam Tai Electronics (NYSE:NTE), Spreadtrum Communications (NASDAQ:SPRD), and Yucheng Technologies (NASDAQ:YTEC).


To see how strong they are from a techynical point of view, visit them on the folloing charts.


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