Wednesday, January 25, 2006

Huan Hsin (H16) as Requested


Huan Hsin is now in oversold condition. OBV showed danger of crossing its own trend line. However, hope is evidenced in ADX down with D-ve in tandem. This means downtrend mellowed. The CCI @ -121 and tilting up confirmed the inevitable ending of near time downtrend. Also the price is now edging the 45 Day MA and 38.2% retractment. This signifies good near term upside. Fundamentally, analyst screaming good fortune ahead of Hardisk sector’s good potential earning due to its “hotting –up” of usage in consumer product. This stock is still in the process of unwinding its expected good performance.

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