CHU - China Unicom
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     hershy
Member
Username: hershy
Post Number: 1885
Registered: 10-2002
Rating: N/A
Votes: 0
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| | Wednesday, January 17, 2007 - 06:57 pm: |  
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From the Yahoo finance site:
China Unicom Limited, an integrated telecommunications operator, offers a range of telecommunications services in China. Its services include GSM and CDMA cellular, international and domestic long distance, data, and Internet services. The company also offers international roaming services, as well as value-added services, including short message services, call-back ring tone services, and wireless data services. As of March 31, 2006, China Unicom served 97.91 million GSM cellular subscribers and 33.64 million CDMA cellular subscribers. It has strategic alliance with SK Telecom Co., Ltd. to further develop CDMA cellular communication services in China. The company was incorporated in 2000 and is headquartered in Hong Kong. China Unicom Limited is a subsidiary of China Unicom (BVI) Limited
Like most of the stocks in this section CHu has had a little dip from which it is now recovering providing an opportunity to enter on weakness.
My extra xlow stochactic has tunred up, bullish trend is increasing and trend strength is steak rather weak. The naked chart however looks enticing and with correct money management in place it offers a trade with an RRR of 3.66/1
I don't have a plan so nothing can go wrong !!!
http://members.optusnet.com.au/~hershy/
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