SmartHeat (HEAT) Breaks Out of Double Top
The "heat" remains on as Chinese heating equipment maker SmartHeat (HEAT) breaks nicely out of a double top. Somewhere Kenny Loggins is smiling...
I'm tempted to add this to the portfolio but I'm pretty darn long already...
Contemplating.
There is nothing really proprietary about this company's business; it simply has the benefit of 1.3 billion Chinese x 2 lungs x XYZ # of buildings in China = boo yah. [Dec 3, 2009: IBD - SmartHeat: Heating Equipment Maker Benefits as China Spends to Clean its Air]
No position
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