This stock is on bearish from early this year until now.
top was 0.215 in Jan and now 0.125.
From chart also doesnt look good.
- Stoch & Wm%R are at bottom area for long time. As yesterday sign, have started slowly going up.
- MACD signal line below 0 and at -0.006.
- CCI reaching -200, and recover abit by yesterday trade.But this time the mountain is small compare previous. Should today reducing above -100, then a good sign.
- Volume very low for long time.
- Parabolic is in bearish despite yesterday up.
2010 2011 Change
Revanue 224.63m 83.85m -62.67%
Profit -6.07m 1.47m +124.26%
EPS -0.067 0.017 +124.70%
There was a sign to go up as yesterday trade was increased 0.5cent. If this share about to go up, now probably would be lowest price. But its a too risky to buy in with volume still low. With other indicators also still in bearish. With profit and EPS increasing more than 100% for 2011 compared 2010, then if signal come, should be good to buy as margin of profit would be higher. If already flew too high, dont chase. At the moment, would put on hold until better chart formed.
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