Hongguo (H14) - That Shinning Shoe

Another China/ small cap player. Particularly, the ADX (5day) with the D+ just flipped over positively. The CCI at -12 denotes a non- oversold position shooting up. We also can see the drying up of volume prior to its high volume breakout of the downward channel.
Fundamentally, at 7 X PER on 2006 earning, an ace against most competitors and with at DCF tagged at 44 cents, even conservative trader would be mouth watering now!