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E-House (China) Holdings Limited Message Board

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  • cybercash28 cybercash28 Nov 15, 2007 8:45 PM Flag

    IM NEW TO THE GAME IS THIS A BUY OR SELL?

    I have been a full time trader/investor for over 7 years. I like Gorillatrades a lot. Their picks are excellent.

    China is growting, more wealth so real estates is still in the early cycle. I have relatives living there. I just don't want to mention names but one of the SOHU founders is a friend of my relatives.

    Technical speaking, EJ formed a morning star candle 2 days ago, very bullish candle. Above $31.65 will bring EJ back to 52 week high.

    RSI is still way low, currently at about 50. It has a lot more room to be in the overbought area. It was over 70 at end of October.

    To me, fundamental and technical look good. My honest opinion.

    Analysts have a lot of power so hopefully they will upgrade.

    It's a tough market so good luck to all.

 
EJ
6.83+0.03(+0.44%)9:47 AMEDT