Tuesday, January 01, 2008

Breakouts of Terra Nitrogen (TNH) and Jinpan International (JST)

Here are a couple of interesting breakouts. Terra Nitrogen (TNH) has broken above the resistance of climax top that occurred back in late June. The volume relatively weak compared to the volume earlier in the year, but it is still 1.5 times greater than the 50 day average volume. The relative strength of TNH is really what has me excited.

Jinpan (JST) is a pure China play. It is a little choppy but the technicals still look ok.

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