CHNR Bullish Breakout Pending
Hello,
What is CHNR?
China Natural Resources, Inc., through its subsidiaries, engages in the exploration and mining of metal properties in the People's Republic of China. The company primarily explores for lead, silver, copper, and other metal deposits. It holds interest in the Moruogu Tong mine that covers an area of 10.43 square kilometers located in Bayannaoer City, Inner Mongolia. The company is headquartered in Shenzhen, the People's Republic of China. China Natural Resources, Inc. is a subsidiary of Feishang Group Limited.
News
There have been 2 reverse splits Jun 14, 1999 1:10 and Jan 16, 1997 1:10
My Thoughts For You
China Natural Resources shares are likely to rise more than the market when the market is going up but fall faster when the market is going down. When we look at the monthly chart you can see that this idea holds true, beware for the volatility is fast and furious.
Good Luck, Cheers!
Be sure to comment, follow, like, and check out my profile for more trade ideas!
What is CHNR?
China Natural Resources, Inc., through its subsidiaries, engages in the exploration and mining of metal properties in the People's Republic of China. The company primarily explores for lead, silver, copper, and other metal deposits. It holds interest in the Moruogu Tong mine that covers an area of 10.43 square kilometers located in Bayannaoer City, Inner Mongolia. The company is headquartered in Shenzhen, the People's Republic of China. China Natural Resources, Inc. is a subsidiary of Feishang Group Limited.
News
There have been 2 reverse splits Jun 14, 1999 1:10 and Jan 16, 1997 1:10
My Thoughts For You
China Natural Resources shares are likely to rise more than the market when the market is going up but fall faster when the market is going down. When we look at the monthly chart you can see that this idea holds true, beware for the volatility is fast and furious.
Good Luck, Cheers!
Be sure to comment, follow, like, and check out my profile for more trade ideas!
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