3SOF

China Technology Global Corporation ( www.ChinaTechGlobal.com ), headquartered in Hong Kong, with operational offices located in Shenzhen, China and six other major cities throughout China, designs, manufactures and sells customizable software and hardware systems, which integrate GIS (Geographic Information System), GPS (Global Positioning System), as well as Wireless and Web technologies into a proprietary application platform. The Company's subsidiary, DiChain Software, was recognized as one of the leading IT solution providers in logistics and supply chain management in China in 2002 and 2003 by International Data Corporation, a world leading IT consulting firm, and named the ''Best Value Added Reseller'' by its strategic industry partner IBM Corporation in 2003. DiChain Software has strategic alliances with some of the world's largest companies, including IBM, GE Oracle, Hewlett Packard, ILOG, DELL, Motorola and China Mobile.

The Company's leading industry position is further leveraged by its relationship to China Merchants DiChain Holdings Limited, the Company's major shareholder who is a reputable member of China Merchants Group, one of the top 50 national enterprises in China with over $30 billion assets under its management.

In the future, the Company aims to become one of the leading Chinese technology companies by investing its resources into computer, wireless and internet related information technologies.

CTGLF is moving up the last couple of days after a short pullback.

here's a chart to look at:

http://trimurl.com/3U4

you will see it is in a definite uptrend. 

Notice the 50 and 200 are getting close to crossing over, this is known as a GOLDEN CROSS, and is VERY BULLISH.

also the Ultimate Indicator is over 50, and stochastics are turning up.

The company is profitable and has turned the corner from the bottom.

This should go to up top of the blue trend line at least, that's around .17

Company finally posted a little PR.  They generally do not do it but have been prodded just to show they are keeping busy. They do make a profit and a year ago has about $2.2 million in sales. The parent company has strong ties to China Merchants Group as shown below



The weekly chart shows that they will have break out at $0.14




http://tinyurl.com/c2kkh

here are todays posts:

HONG KONG, February 15/ CTGLF News Center/ -- China Technology Global Corporation (OTC Bulletin Board: CTGLF), a leading information technology solutions provider for logistics and supply chain management in China and Hong Kong, announced today that its subsidiary, DiChain Software has recently been rated as " The Key Logistics (IT) Enterprise" and also ranked as No. 1 among all appraised enterprises. The appraisal committee, organized by the Shen Zhen municipal government consisted of prominent experts and renowned academicians from the industry. Mayor Xu delivered an in-depth report about the current market trend of the Shen Zhen logistics industry and unquestionably recognized DiChain Software's leading role and contribution.

Wayne Wang, Ph.D., the Executive Vice President of the Company, commented, "This recognition is another prestigious credit of key logistics enterprise appraised by Shen Zhen government since 2004, and further certifies our company's leading position in China's IT industry. This recognition is based on the full-scale research of the industry, and a forecast of enterprise according to its capability and expansibility. The Company is honored as the key logistics enterprise for 5 years, from 2005 to 2010, and also qualified to a priority of gaining US$400,000 supporting funds from the central government per year. Shen Zhen government will also assign appropriate funds to support the enterprise's further development in the industry.

Wayne Wang continued, the Company is now positively engaged in discussion with some of the top IT related enterprises in China on potential collaboration. It includes possible acquisition of certain high-tech investment from its parent company, which are of high quality and competitive in the business market.

About China Technology Global Corporation

China Technology Global Corporation (www.ChinaTechGlobal.com), headquartered in Hong Kong, with operational offices located in Shenzhen, China and six other major cities throughout China, designs, manufactures and sells customizable software and hardware systems, which integrate GIS (Geographic Information System), GPS (Global Positioning System), as well as Wireless and Web technologies into a proprietary application platform. The Company's subsidiary, DiChain Software, was recognized as one of the leading IT solution providers in logistics and supply chain management in China in 2002 and 2003 by International Data Corporation, a world leading IT consulting firm, and named the "Best Value Added Reseller" by its strategic industry partner IBM Corp. in 2003. DiChain Software has strategic alliances with some of the world's largest companies, including IBM, GE, Oracle, Hewlett Packard, ILOG, DELL, Motorola, and China Mobile.

The Company's leading industry position is further leveraged by its relationship to China Merchants DiChain Holdings Ltd, the Company's major shareholder who is a reputable member of China Merchants Group, one of the top 50 national enterprises in China with over $30 billion assets under its management.

In the future, the Company aims to become one of the leading Chinese technology companies by investing its resources into computer, wireless, and internet related information technologies.

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Possible Business Injection Into China Technology Global Corporation
Thursday February 16, 10:44 am ET

HONG KONG, Feb. 16 /Xinhua-PRNewswire-FirstCall/ -- China Technology Global Corporation (OTC Bulletin Board: CTGLF - News), a leading information technology solutions provider for logistics and supply chain management in China and Hong Kong, reported of possible business injection by its parent company.

At the executive meeting of China Merchants DiChain Group ("DICHAIN") dated February 15, 2006, major discussion revolved around the possibility of assets and business injection into its subsidiary, China Technology Global.

Mr. Gordon Chen, the newly appointed president of DICHAIN commented, "At this point in time, although it is only a business intention, it clearly demonstrates the parent company fully supports China Technology Global for its business expansion and growth." However, he did not mention the details on the type of business or assets to be injected and financial terms to be applied. Mr. Chen said, "It is expected that the related proposal will soon be presented to the Board, and we anticipate approval be granted soon."

About China Merchants DiChain Group

Established in 2000, China Merchants DiChain Group ("DICHAIN") is a fast growing business conglomerate with solid industrial background, capital resources, and management expertise. DICHAIN is headquartered in Hong Kong and with its main business portfolio focusing on mainland China. It is a member of China Merchants Group, one of the largest state-owned companies in China.

China Merchants Group is one of the 50 largest enterprises in China, owned by the State and directly supervised by the central government. Its total business assets is about US$30 billion, primarily focusing on financial services, transportation and logistics and real estate property development.

The promised break out came today on a nice 30% move- may take some time but would like to see that weekly chart target......

                  Partial chart   


Full chart


http://tinyurl.com/c2kkh

Volatile stock has created solid support and refuses to plunge. Undervalued penny has potential IMO, I just wish I held it a little longer than I did, but still watching it closely as it gathers positive momentum.

I forgot to put daily chart that shows cup and handle break out




Full chart daily

http://tinyurl.com/aqreg

well i sold most the shares i bought between .055-.08
keeping free ones to see what happens

Glad i brought this pick to everyones attention
nothing wrong with a 300% winner.

goodluck all

Glad you were able to make a nice trade Freelove. Now hope it will do like so many Chinese tech plays and start to attract interest and volume pick up. If we can see maybe 10 times the volume on a good move (10 million shares) then things may get interesting. Yesterday CHMD did 10 million. It seems that if they can do 40% gain they get noticed by the momo crowd. We will see.

It it a bit extended now so could use a bit of consolidation but seems to be  building a very nice base.

We do not know which company they will add but my guess is maybe this one     

http://www.dichq.com/en/

it is owned by the parent company and their intention if to build CTGLF by adding more companies. I  think they will make the announcement in March.

The recent government recognition may also help with future contracts.

Another good volume day with a lot of support. I though it would pullback a day or so but to much interest now. There will be some resistance though at 0.28 I think

Moving nicely now over .21 - likely to be some resistance at 28-30 range

http://tinyurl.com/c2kkh

CPICF had news today

This news shows that China M&A Management Holdings is betting in the  future China Merger will go through


http://tinyurl.com/gye63

The actual merger news may come within 2 weeks

coming down now, technicals back to .09 -12 range my guess

Actually the golden cross occurred which is great so the 50 and 200-day EMA are both at 13 but of course break out support at 14. Nice hammer though yesterday with aggressive buying with is interesting.  Depends on when they release the new business news and what it is.

Technicals do not suggest a deap pullback. Today hit 50% retrace.

Very steep retrace and hit the moving averages, 62% retrace and closed at break out support with a hammer so next week likely to see an advance.




It has now been 3 weeks since the mentioned possibility of assets and business injection into its subsidiary, China Technology Global form Dichain Holdings an they wrote---

"It is expected that the related proposal will soon be presented to the Board, and we anticipate approval be granted soon."

So this news could come at anytime.

This Ctglf looks like a buy for monday:) as you say metro; closing and sitting over the breakout level. nice

You think glif.ob is also ready again? (chart looks fine as 0.025 support held) strong close 0.03.

cheers ket