CJGH (China Jiangsu Golden Horse Steel Ball) breakout!

CJGH (China Jiangsu Golden Horse Steel Ball) broke out today and touched the 50dma.  The stock must continue and break key resistance levels to keep its momentum.  The positive divergence on the MACD looks positive, and the company is supposed to have favorable financial results coming out.

CJGH chart 9/3/2008