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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Jibacoa who wrote (1147)6/24/2009 6:16:37 PM
From: Jibacoa  Read Replies (1) of 1404
 
CAEI Is up 28.91% in AHs trading

It announced that it has entered into a new agreement with Shanghai Nine Dragon Co. to undertake the major projects located in the Nine Dragon Resort, Zhejiang, including a seven star hotel, a marine park and luxurious villas. The total project value is expected to exceed $500M. The projects are expected to commence in the second half of 2009 and be completed within 3 years.

That may help the stock to get off from its present near term DT.<g>

bigcharts.marketwatch.com

CAEI's main resistance is at the $5 level, but if it could get up there it would be a good % gain from present levels.<g>

bigcharts.marketwatch.com

Bernard
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