Technical Analysis - China Environment Ltd 2015-05-26 - Triangle bullish breakout

SGinvestors.io

Just saw another stock with triangle bullish breakout nicely this week from the top active list yesterday - China Environment Ltd.

China Environment Ltd (5OU) Technical Chart 2015-05-26

(click on the image to view larger chart)

The 100 days and 200 days moving average coincidentally crossed over at the same time too. It seems that the major moving averages are heading to the same direction now. However, the RSI is already at its overbought region.

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