Category: Money Tips Date: 2006-06-08
Source: Anhui Emerging Author: Yuan
Through the bottom oscillation index in the back to try again after 10 moving average support received upside-yang, show a strong short-term market upside characteristics of short-term market upside pattern still continues, while the index after the close of the repeated oscillation Yang upside also allow the market to do more energy accumulation, against the big upside to build a form, and further on a short-term trend test Qian Qi-point region.
From the operation of short-term market point of view, the oscillation index finishing at 10-day moving average was supported, reflecting the pattern of not changed and short-term market upside, while the overall adjustment of stock market indicators remain relatively strong, hot Stock Quotes constant speculation, but also illustrate how the market bulls atmosphere outstanding, the wishes of broad market strong upside obvious. But with the market upwards, speculation began to change hot spots, a group active in the market cap, lower relatively prominent, did not share reform has also repeatedly become the market hot stocks, stocks in the technical running 3 (5) wave characteristics of relative prominence. From a technical perspective, the stock closed after repeated shocks two folders yin yang shape, and build a pattern of short-term upside, while 3 (5) Long after the current break 1678 points, only just started, has not effectively speed up the index, although the market in 1700 shows points, there is psychological pressure on the region, but also means that the market opportunities for surviving in an accelerated rise. According to three (3) wave extension Quotes After 3 (5) increase with the three waves (1) wave increases should be similar to the laws of 3 (5) wave forms in the presence of failure, while walking the target also has a 1811-point upside possibilities. Therefore, the short-term form of tape and continue to build the upside, the market will be a strong upward trend will not change, 3 (5) wave on 1800 points with upside opportunities. We believe that the broader market is expected to continue Tuesday upside, short-term market oscillations its own run-way will be gradually carried out.
Operation, short-term investors can consider to be holding up, investors may pay more attention to stock picking in a greater compensatory growth in the cap, lower-power stocks. Stock picking can be carried out from three aspects: First, its growth stocks is good, rich themes speculation; two short-term and a callback to fully stabilize the characteristics of; third Handicap actively traded, and build upside pattern, with a strong short-term upside demand. At this point, we have G bearing vanadium and titanium (600,357) investment opportunities in the market for analysis.
G Cheng V-Ti (600,357) as a low-cost recombinant smelting industry stocks, currency share capital of 278.8 million shares, quarterly earnings per share this year, a 0.024 yuan. From the fundamentals perspective, the Unit has three main investment highlights worthy of our attention:
One containing vanadium alloy steel industry supremacy. Company's main Yenga ferrous metal smelting and processing industry, low-alloy steel products and vanadium production and sales of products as the main source of profit for the company. At present, the application of vanadium alloy steel increased rapidly, with an average annual growth rate of 10%, expected future consumption of vanadium in iron and steel industry of China's strength will be gradually to 50 kg / 1,000 tons of steel a world class closer, which means each of vanadium products we must increase production more than 30% is estimated that in 2006 the gap between supply and demand of China's vanadium products 4,000 tons of supply and demand gap in 2009 reached 26.3 thousand tons. G Cheng V-Ti (600,357), as my co-leader in the production of vanadium of vanadium-bearing enterprises, in this macro-environment, is bound to have greater room for development of the company's growth will form a good supporting role.
2, abundant resources, comprehensive utilization potential. The company is located in Chengde, Hebei vanadium magnetite rich in natural resources, the company signed a supply unit of long-term supply contracts, at present the company is also required by the company's controlling shareholder of coke Chengde Iron & Steel Group, to provide, supply and prices were relatively stable, the company development of better resources and cost advantages. The company as a comprehensive utilization of vanadium-titanium magnetite product direction of the Chinese vanadium-titanium magnetite blast furnace smelting and converter technology, the birthplace of comprehensive utilization of vanadium, its leading products including low alloy vanadium and vanadium-vanadium alloy additives, is China's steel industrial upgrading of the main directions and important raw materials. In the countries for the development of circular economy and build a resource-saving and environment-friendly society in the context of high-performance steel products for the company provides great policy support and a broad market space.
Third, the concept of both iron and steel resources of the two major M & A theme. Unique resources of theme, repeated by the body of the Unit the main reason for speculation. At the same time, the Unit also belong to the steel industry stocks may now operate in poor condition, the wave of mergers and acquisitions in the steel industry, the recent good performance of the steel stocks, and metals futures market Monday's outstanding performance, so that the unit has more hype theme , more vulnerable to short-term market bodies.
Technically, the recent stock correction order has been made, or nearly 40%, adjusting very full, in the low began to build a small platform to stabilize the characteristics of the formation of short-term over the past two days have a moderate heavy volume trend, there is another upside to adjust requirements, short-term compensatory growth is expected to start up Quotes.
Therefore, we believe, G bearing vanadium and titanium (600,357) outstanding short-term oversold, compensatory growth demands a strong, investors can now focus on objects.
