Hello you experts.
This China based company is delivering pretty good earnings (CC today) but it is new so the chart isn´t much to look at. I am just wondering how high it could go. Any comments? ???
anyone noticed that?? 2005 earning is 0.93 per share... (correct me if i am wrong). all time high volumes today. charts shows great accumlation started from sept. i think its is just the beginning of the rally. $20 is on its way.
Wireless is somewhat hot in China...
This issue kinda sorta broke a downtrend on a touch of volume...
(http://img175.imageshack.us/img175/1590/051116cntf7zn.jpg)
LOL! Running with the herd on this one...I sure hope they don't decide to turn around without telling me...
This stock is on FIRE! - approaching HOD again 13.69
Even the people that got in at market open this morning (me) are up 15%....
Thanks Richard, great pick!
(more applause)
Quote from: calven on November 17, 2005, 02:19:01 PM
Thanks Richard, great pick!
No problem, glad to see my sarcasm didn't put you off...I guess I shouldn't do stuff like that when picking stocks.
I'm glad I decided to be a more active member, I feel like I'm already learning many new things and advancing towards my goal.
Richard's goal = "Consistantly take profits out of the market"
Got to applaud again. I am also glad you decided to become a "more active member" ....Your alert on CNTF last night made me 800$ today and there is still more upside IMO. Hope I can return the favor some time.
I am also following gold closely in case the market would for some reason turn red... keeping an eye on NEM and HMY
This one certainly seems like its going to breakout again! 13.57 now and testing week highs... >:D
Already have a thread started...
http://www.3stocksonfire.org/trading/index.php?topic=3695.0
Already on this last week. Thread was started....
http://www.3stocksonfire.org/trading/index.php?topic=3695.0
Now 14.62 and approaching a new HOD
Up 24% now... will sell over 15.
Thanks for the alert Richard. Another applaud! >:D
Well someone didnt do a search. And someone didnt post any content... ;)
Lets just pick 1 and stay with it. We have 3 now.... I dont really care which one. I would say the other one would be better seeing as there are charts and analysis.
You are correct though...my apologies...
8)
I guess it's time to take at least some profit here...
Sorry about the multiple thread confusion. I actually searched for this, but didn't see any reason to post in a 6 month old thread that had no charts or anything.
I've just merged the 3 CNTF's topics on this one.
regards,
Thanks Rams for the fill of the request to merge these 3 threads. ;)
Now we have us 1 , much better to follow. ;D
Good trading to you !
Still on fire...
(http://img351.imageshack.us/img351/5210/cntf0jq.jpg)
CNTF looks ready to run again after pulling back from a high of $18.80. There's support from last month in the 14 area, as well as the 50% retrace. Yesterday's low was 14.
You can see from the last earnings cc that the president is targeting 100% revenue growth in 2006: http://chinastockblog.com/article/4508. With .93 earnings for 2005, CNTF is trading at a PE of 15.5 for 100%+ growth. That's incredibly cheap.
I think CNTF will be a multi-bagger from here within a year. Mark it down.
Looks like CNTF has bottomed now with today's reversal on big volume. The fundamentals are incredible, and now the downtrend is reversing after a 61.8% fib retrace of the rally, so it should be good to go from here as long as it can get through the 14 resistance (former support). The new year and end of tax loss selling should help it move significantly higher. It could be setting up a massive cup & handle pattern as well.
CNTF made it through that 14 resistance, so looks good from here.
i am in at 13.90 ......Volume was good yesterday over 1 Million Shares traded ! Still increasing Volume i think. 8)
After a one-day pullback, CNTF was strong again today, closing at the high near 15. Now it looks great for much higher prices.
Here's a writeup on CNTF from last month: http://greattrades.blogspot.com/2005/12/cntf-for-long-term.html.
Pre-Market mover.......
CHINA TECHFAITH WIRE (NasdaqGM:CNTF)
Pre-Market: 8.88 2.54 (+40.06%) as of 9:12AM ET on 10/17/07
Up 22% on nice ER last night.