Wednesday, November 26, 2014
China Sunsine (technical)
China Sunsine: Technical alert.
The counter experienced a typical sell on news after a stellar but well-flagged 3Q14 results showing, but looks primed for an extended rebound after the perfect bounce off the classical $0.42 support .
With a firm bottom now established, and the key indicators hooking back up, momentum could lift share price back to the recent $0.515 high , and $0.595 all-time-high, in extension.
Market Insights likes this stock as a value play , and has a fundamental fair value of $0.73.
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