Chart of the Day - CAAS, NANO, VISN, NUVA - Harry Boxer, TheTechTrader.com

12/08/09 - http://www.TheTechTrader.com. On the long side today we have China Automotive Systems (CAAS) which has gone up 150% in the last 60 days and continues to climb. Up 1.16 or 6% on 1.3 million shares. 18.61 to 20.94 closing at 20.62. Nanometrics (NANO) continues to look outstanding and has the potential to reach 20.00. Closing at 13.27 its up .77 or 6.16% on 2.7 million shares today. VisionChina Media (VISN) pulled back for a couple of days, but today popped back up .41 on increasing volume. This stock may be ready to make a move to the 13.50 - 14.00 zone. Other longs on Harry's chart today are: AsiaInfo Holdings Inc. (ASIA), China Education Alliance Inc. (CEU), China Marine Food Group Limited (CMFO), Energy Recovery, Inc. (ERII), Nabi Biopharmaceuticals (NABI), Netlist Inc. (NLST), Nova Measuring Instruments Ltd. (NVMI), Origin Agritech Limited (SEED). On the short side Covance Inc. (CVD) is down .51 today and looks like its on the verge of a spike down. BRF - Brasil Foods S.A. (PDA) is down .86 and SAP AG (SAP) is down .91. Medical device maker NuVasive (NUVA) shows a continuing drop, down another .75 today. Technicals look about as negative as they can get. This stock looks like it could drop from 28 to as low as the 24 area. To see details on all of these stocks go to: http://www.thetechtrader.com/chartofday. Chart Info: Harry's Chart of the Day, published each evening Monday through Thursday, features Harry Boxer's video technical analysis on a stock in play. To learn which stocks Harry is adding to his model portfolio, including stops and targets, sign up for a Free 15-Day Trial to his Technical Trading Diary -- which includes both day trades and intermediate-term stock picks. Go to: https://www.thetechtrader.com/cgi-bin/fbuser

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[askchrishetrades]

Watch YONG came out with good news also since I know you like the CHINA stocks

[askchrishetrades]

Great Video harry. Come and check out my market video I put out today