leoni recently broke its trend continuation line and is showing relative strength this am. This stock should have bottomed out and is likely to be in an early stage uptrend as investors gain back more trust that management can fix their porfitability issue. long 33.96 with stops at 33ish
went long ACIA a half positon at 101.75 after ACIA announced secondary public offering to be priced 100. stops at 98/97ish. With 50dma and last local low sitting right at its current price, a breakdown hitting stops in this area doesnt seem so unlikely either.
After a short selling attack, this stock could not recover and touched recent lows again. today guidance 2016 is confirmed and seen slightly over expectations for 2017.
long 38.42 with stops below prior days low, e.g. 37.4
breaking out on high volume above the resistance in the 29/30 area makes me see this stock quite positive for near term gains. The entire sector of chinese stocks has been running quite impressive for weeks, and it's still on the move. BITA, as one of the most heavily shorted stocks with a float sold short as high as 60% should therefore get additional buyers in ...
finally, SNPSchneider also made it to become part of Tradingview, which is good and made me register here right away to talk about it.
I own SNPSchneider since the pullback in june 2016 and added to my position thursday 09/22 which averages my entry to 28.7. It is by far my biggest position and I consider it to be a fundamental big money trade. On friday, 09/23 ...