Chart courtesy of stockcharts

Yesterday, when I was looking over a list of the strongest stocks of Friday I found CDC Corp. “CHINA”, that closed the gaining more than 20% to $4.95. Company said its directors and executives repurchased about 468,000 of its shares under a prearranged trading program in the last nine trading days. Looking at the daily chart stock is trading in a clear Bear Market. This rally put me in a neutral zone to invest at these levels even with this news. Keep this stock in your watchlist for tomorrow session.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical examples.

Labels: CSUN