Nashwan

CBDE in Thailand

Long
NASDAQ:CBDE   None
3
The stock was up 70.46% to $4.04 at 11:27 a.m. More than 4 million shares had changed hands, compared to the average volume of 24,328. the stock break the downtrend , CBDE announced an agreement with Environmental Engineering Group Thailand to build a 64-megawatt solar park. The Thai Provincial Electricity Authority supports the project with a 25-year power purchase agreement. CBDE expects to earn $6.08 million in pre-tax profit from the project. the most important thing is that CBDE broke 3.55 strong resistance , i am expecting to see 3.60-3.65 and then bulish toward 5$

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