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Overbought/Oversold

Technical Analysis

Momentum stocks for Wed: SPRD, MPEL

Momentum stocks for Wed: SPRD, MPEL

April 3, 2013 (Chinavestor) Overbought Chinese stocks took a breather on Monday and Tuesday. This gives more upside potential for momentum stocks on the following screen. These include but are not limited to Phoenix New Media (NASDAQ:FENG), Spreadtrum Communications (NASDAQ:SPRD), China Housing and Land Development (NASDAQ:CHLN), Melco Crown Entertainment (NASDAQ:MPEL), among others. Investors have to remember that none of these stocks have reached theoretical highs and are not considered overbought at the moment.

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Technical Analysis

RENN is oversold

RENN is oversold April 2, 2013 (Chinavestor) China Housing and Land Development (NASDAQ:CHLN) soared on April's fool day after 2012 Q4 numbers. But the stock is still thinly traded and lacks trading volume, necessary...
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Technical Analysis

No change among overbought stocks

No change among overbought stocks April 1, 2013 (Chinavestor) No major change on the overbought screen this morning. Spreadtrum Communications (NASDAQ:SPRD), Melco Crown Entertainment (NASDAQ:MPEL) and Focus Media (NASDAQ:FMCN) conti...
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Technical Analysis

SPRD, MPEL, JOBS have momentum

SPRD, MPEL, JOBS have momentum March 28, 2013 (Chinavestor) There are a good number of momentum Chinese stocks today. Spreadtrum Communications (NASDAQ:SPRD) is trading closest to theoretical highs but is not considered overbought...
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Technical Analysis

STP goes under, sector collapse

STP goes under, sector collapse March 27, 2013 (Chinavestor) Melco Crown Entertainment (NASDAQ:MPEL), Focus Media Holdings (NASDAQ:FMCN) and Spreadtrum Communications (NASDAQ:SPRD) stepped out of their trading range and are conside...
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