Instead of roman candles, Chinese fireworks.
Over the past two or three weeks Chinese stocks have been rocketing upward. We know from nothing about the fundmentals of these stocks, but the chart patterns are inflamatory — or on fireworks.
WE looked at a bunch of them which we point out below.
CBAK CHN CHU CHDX CEO FUQI and that’s just the half of it.
Then of course there’s BIDU but frankly that’s rocket we would be worried about getting on. We’d be more likely to scale out or take profits. Too far too fast.