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Strategies & Market Trends : Charts for Breakout II -- Ignore unavailable to you. Want to Upgrade?


To: Julius Wong who wrote (1928)1/17/2004 12:49:20 AM
From: Jibacoa  Respond to of 8531
 
You are welcome Julius.

I am sorry if I overloaded your thread for a while.<g>

BTW, I was looking at NWD's chart, which you have on your Junior China Thread and on IQ charts it shows a price from 1996 to 1999 above $20 and then on April 2000 a drop below $5

I think IQ charts are wrong, since the company was incorporated in 1998 unless the price before 1998 reflects the the price of New World Industrial Holdings Ltd.,which I understand were the one that formed a Sino Foreign Joint Venture under the name New Dragon Asia Food Limited to acquire a controlling interest in seven of Long Feng's manufacturing subsidiaries.

At any rate, I like the daily and weekly chart and bought some when the price went through the January 6-January 7 double top at the 0.85 level

I am looking for the stock to test the January 13 H at 1.09 to see if it will be able to try for its July H at 1.65 <g> (I think in your China Portfolio the initial cost was $0.40 since you show a 150% gain. I would be satisfied with a 100% from my entry level.<g>)

RAGL

Bernard