Resistance at $0.215. If the stock price break the resistance, it may go up to $0.268 (161.8% Fibonacci). The next strong support at $0.183 (61.8% Fibonacci retracement) and $0.156.
PE = 6.8
Dividend Yield = 1.25%
NAV = $0.3359
Base on Q2 2009 result:
Current Ratio = 25
Cash = $520 Million
Net Earning = 9.5%
ROA = 10.1% (2008 Full Year)
ROE = 11.6% (2008 Full Year)
3 Years Historical High = $1.42
Current Price = $0.215
China HongX broke the $0.215 resistance finally and closed at $0.23 with 172 million traded. The most active stock today!
ReplyDeleteIf the stock price can stay above $0.215 the next few days, it will go up to $0.27!
I am going in tomorrow!