CHID.OB

[Stocky2000]

looks like it is going at least to fill the gap at 0.34...

[jorgegr]

Not enough volume yet to break that resistance at .29 and another one at .32/.325

[422fwhp]

I posted on the thread in the 'previous picks' section.

It's been many months since CHID has been above the 50 dma...positive!

target:  200dma?

[fatalexception]

This stock, like many China stocks, has been on fire this past week, with positive earnings.  Think the future is turning around on this one. 

[422fwhp]

Island gap?

[setravis]

CHID.OB Threads have been Merged.
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders.   
All history on a stock pick in 1 thread is awesome.   

Thank You....and good luck with all your trades....make some $$$

I will leave Friday's closing chart with this message......

[buddjas1]

Crazy

biz.yahoo.com/iw/061128/0189074.html

[luka]

China Digital to Acquire Guoxi Holding Company in a Major Business Restructuring
Tuesday November 28, 4:15 pm ET


LOS ANGELES, CA and SHENZHEN, CHINA--(MARKET WIRE)--Nov 28, 2006 -- China Digital Communication Group (OTC BB:CHID.OB - News) announced today a major restructuring of its business activities that includes swapping its current battery shell and 3G business for two companies in the wood-carved art and furniture and auto accessories business. The transaction is valued at approximately $75 million.


Ran Liang, CEO of China Digital Communication Group, said, "Because of the intense competition in the battery, battery accessories and 3G industries, we have decided to reorganize in order to continue growing the company. The global appetite for elaborate carved wood Buddhist shrines and furniture is large. We are also optimistic about the automobile accessories business, which is growing not only globally but also in China. Shenzhen Hongda has a strong market share in Australia and elsewhere. The automobile culture is still in its early stages in China and we expect the domestic market to become strong."

SELL OFF NOT JUSTIFIED

THE KIND OF STOCK I LIKE : http://finance.yahoo.com/q/is?s=chid.ob

[luka]

A GOOD CHART IS BETTER THAN 1000 WORDS !!!

BUY POINT

and  ... FUNDAMENTALS:   http://finance.yahoo.com/q/is?s=chid.ob

[HANDBALLJIM]

CHID.OB = .23

The chart looks like it is turning up again!! Anyone big on this stock? I might buy some since CHINA stocks are doing well and this stock was .44 last month.

[setravis]

HANDBALLJIM,
The new thread you just created has been merged here.
Good luck with your trades.....

Today's chart....

[john b mcginnis]

I bought @ .24 Looks like the bottom is .19. The risk reward appears good.

I like the volume today! I'm looking to break and close above .265 resistance with in a day or two. Then I'm looking for a .30+ close. Next .37+.
Plan to sell @ or near .43 or a close below .19

[soxguy]

There has been a chid sighting. Up 27%.   soxguy

[jorgegr]

Reminds me about SIGA. These guys disregarded the biz swap
which nobody could understand. So we are back again to the
same biz line of battery casing and 3G.

They sure jump from one activity to another withou regret. !!!

Good luck to holders.

http://biz.yahoo.com/iw/070116/0203261.html

[setravis]

Look at the past 10 days. You'll see that a period of decreasing volume like this after a surge and churning period is followed by another run-up. We may have another test of the downside first, but I expect CHID to rise out of it and the volume will be back for another surge.

13-day MA crossed the 50-day........Closed above

Candlestick Analysis 
Today's Candlestick Patterns:
White Closing Marubozu
Today a White Closing Marubozu was formed. This shows that the day opened and then prices went lower slightly, however it was followed by a rally that drove the prices over the opening price and the rally continued all day ending with a closing price equal to the high of the day.

Important Factors:
What a White Closing Marubozu says about the future course of the prices depends a lot on the general picture just as in the case of White Marubozu. White Closing Marubozu can possibly be the first part of a bullish continuation pattern or it may also be interpreted as a bearish reversal candlestick pattern depending on the preceding day's candlesticks.

The White Closing Marubozu is a single candlestick pattern with low reliability. It only reflects one day's trading and it may show the continuation of the trend but it may also indicate reversal. It needs to be used with other candlesticks for a better and healthier judgment about the status of the trend.

52wk Range: 0.14 - 0.68
Volume: 790,600
Avg Vol (3m): 385,192

MACD is Bullish