This morning, China Precision Steel ( CPSL ) is breaking out to the upside. CPSL stock is now up over 10% to $5.45.
The move started last week when this article was published.
CPSL Technical Analysis:
Back in May, CPSL went from $4 to $8.50 in a week......so we know this stock can break out quickly!! I would keep an eye on the $5.52 level. If CPSL could close above this level you could see additional upside. Keep tight stops at $5.50 however!