SmartHeat (HEAT) Breaks Out of Double Top


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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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For Learn the trading strategy behind Matt Maley's 7,847% gain. It's the same one hedge funds pay $50,000 a year for. Get Matt's $50,000 Secret Now.


 

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