major downtrend on chinadata group (CD)
Has been following a major downward trend on 1 month time frame should hold this trend for a few more weeks but there is a high chance of breaking of the pattern causing upward trend hence forth a Market Reversal in the foreseeable future.
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Market Cap 1.88B Forward P/E 3.01 EPS next Y Shares Float 40.00M Perf Month -32.64
Short Float 16.45% Perf Quarter -1.61% Volatility 7.69% SMA 200-45.83% Shs Outstand 358.33M Perf Week -12.05%
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Has been following a major downward trend on 1 month time frame should hold this trend for a few more weeks but there is a high chance of breaking of the pattern causing upward trend hence forth a Market Reversal in the foreseeable future.
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Market Cap 1.88B Forward P/E 3.01 EPS next Y Shares Float 40.00M Perf Month -32.64
Short Float 16.45% Perf Quarter -1.61% Volatility 7.69% SMA 200-45.83% Shs Outstand 358.33M Perf Week -12.05%
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Comment:
did not go to plan