CGA

[Bullitt]

China Green Agriculture.

For those looking for individual stock picks, CGA broke out of a base last Friday on heavy volume. Prior to the breakout, volume dried up during the early July base. Something to keep on an eye on and worth maybe building a position if this bull in commodities stays intact.

Disclosure: No position.

 

[tsptalk]

Nice volume on breakout

 

[Bullitt]

Looks like the breakout should hold in CGA and I think I'm going to wait for this to form a base before considering getting in. I'd like to see 2-4 weeks consolidation in the 9.75-11 area, or a pullback to the 10 WMA before looking for a buy point.

Still no position

 

[Bullitt]

New base forming with a strong bid at 12. Pivot point is now 15.

 

[Bullitt]

Volume falling, and not much selling pressure even with the China markets getting hammered. Looks like some players are starting to take notice of this one, I see it's getting some love on thestreet.com and motley fool.

Rodman and Renshaw just came out today with coverage.
http://finance.yahoo.com/q/ud?s=CGA

Still no position.