Top China ADR Portal

China ADR stock research


Warning: strtotime(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home1/chinaves/public_html/libraries/joomla/utilities/date.php on line 56

Warning: date(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home1/chinaves/public_html/libraries/joomla/utilities/date.php on line 198

CHL, MR show momentum

E-mail Print PDF

advance5 January 3, 2012 (Chinavestor) Technical analysts like stocks that are trading above 50-DMA and 200-DMA at the same time. The list just got bigger today after Mindray Medical (NYSE:MR) and China Mobile (NYSE:CHL) broke above both moving averages.

MR_20120103

CHL_20120103

Additional stocks on the roll include China Transinfo Tech. (NASDAQ:CTFO), China Grentech (NASDAQ:GRRF), ChinaCast Education (NASDAQ:CAST), AirMedia Grpoup (NASDAQ:AMCN) and Noah Education Holding (NYSE:NED).

But the reason we don't display these stocks is that they lack in trading volume, market cap or both to qualify to the elite. China Mobile (NYSE:CHL) has an average trading volume of almost 1 million and has a market cap of almost $200 billion. Mindray Medical (NYSE:MR) has average trading volume just under 500,000 a share and a market cap of over $3 billion.

To see a list of other momentum stocks, read Get help from technical indicators.



If you like us, spread the word to the fellow investors on your favorite Social Bookmarking websites
Reddit! Del.icio.us! Mixx! Free and Open Source Software News Google! Live! Facebook! StumbleUpon! TwitThis Joomla Free PHP
 

!!! CHINAVESTOR.COM is for SALE !!!

BUY this domain with all its credentials. Chinavestor.com has been added to Google News and Finance since 2008! Huge web traffic upside potential! Website is optimized for Chinese stocks but can easily be tweaked. Contact Seller Here

sale1
G_news
Check out The Benefits of Getting into Google News!