It's interesting to compare the two S-chips which in the same sector now:
China Minzhong and Sinograndness
As for today Apr 11, Chinaminzhong closed at 1.13 and Sinograndness closed at 1.19.
Sinograndness price seen surge by 21.4% over last three days, and China Minzhong only added 7% in the same period. From fundamental perspective, China minzhong obviously much more attractive now if Sinograndness price was "rational":
Minzhong P/E 4.2 vs. Sinograndness 5.5;
Minzhong EPS 1.34 vs. Sinogranness 1.09;
Minzhong P/B 0.8 vs. Sinograndness 1.9.
But from Technical Anlaysis perspective, Sinograndness chart is obviously "nicer" than minzhong. Let see if minzhong can catch up or Sinograndness back to "norm"?
For a trader, winning is extremly dangerous if you haven't learned how to monitor and control yourself.
The Secret Recipe: Trading Success = Winning Trading System - U
The Secret Recipe: Trading Success = Winning Trading System - U
Thursday, April 11, 2013
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