JRJCChina Finance Online Co. (NASDAQ:JRJC) The daily technical chart shows a stock that is right on the cusp of a big breakout. If JRJC can break through the $11 price level (primary downtrend line) on volume, then I think the March highs at 16.70 could be well within reach. Yesterday, the volume was much higher than it has been the last few weeks. Interest in the stock is starting to grow and the China low float mania could send it again to $20's. Technical daily indicators are also pointing up. The ingredients are here for a nice move. Plus, let's not forget about the low float this stock has and the recent report of Morgan Stanley 5% stake. Keep her on your watch list the next few days.
JRJC
$JFIN $WINS $WEI $JRJC Blatant scheme$JFIN $WINS $WEI $JRJC
What do they have in common?
- Chinese
- Finance
- Facing domestic regulation uncertainties on P2P lending
Looks like coordinated Chinese Finance/P2P lending pump and dump EXIT scheme. These companies may all be delisted soon.
This is so blatant.
