Monday, 2 September 2013

S-CHIPS CONFIDENCE TO BE BACK SOON - CHINA FIBRETECH

With China reporting better than expected PMI data to 50.1 vs 47.7. A reading above 50 means that the economy is expanding with modest pace. Today we can see that the HangSengIndex rallied almost 500points with the StraitsTimesIndex rallying 20points.
 
SgxWinner is positioning on CHINA S-CHIPS play on CHINAFIBRETECH at $0.062 that confidence will restore thus boosting share price. The resistance at 7cents will be a key barrier point to hit soon. With China GaoXian resuming trading on SEPTEMBER 18th, we believe S-CHIPS will be a key to resume uptrend.

http://www.nextinsight.net/index.php/story-archive-mainmenu-60/919-2013/6784--china-fibretechs-agm-qbusiness-is-picking-up-and-next-3-years-will-be-betterq
 
 

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