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Friday, July 21, 2017

China Sunsine

China Sunsine - 21st July 2017

China Sunsine had a nice run-away gap up from 81 cents to 91.5 cents.
NAV 58.5 cents.
EPS 9.4 cents.
PE 9.4x



From TA point of view it is rather bullish.
Short term wise, i think it may likely retrace a little and then re-capture the recent high of 91.5 cents.
Crossing over of 91.5 may see it rises higher towards 95 then 1.00 with extension to 1.10.
( trade base on your own decision)

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