I use IBD50 to identify promising stocks. This one is on the list and has been consolidating for several weeks. Broke out of consolidation range a bit this week and could be poised to run higher if the overall market cooperates.
Good report helped keep the price. Breakup pattern on growth gives us a point to buy. In general, in my opinion, Chinese companies, especially Internet services, have a rather large growth potential. One, however, is alarming. Chinese stock market does not particularly want to grow