November 7, 2011 - China Shen Zhou Mining & Resources, Inc. (SHZ) stock is break out to the upside this morning on light volume. However, we've seen the volume start to pick up in the past 30 minutes. China Shen Zhou Mining & Resources, Inc. (SHZ) will have resistance at $2.70 and support at $2.15. Keep tight stops if you plan to trade SHZ. The technicals look great, SHZ is back above the 50 day moving average.
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Monday, November 7, 2011
SHZ Stock Breaks Out - China Shen Zhou Mining & Resources, Inc. (SHZ)
By Tim - http://blackberrystocks.com
November 7, 2011 - China Shen Zhou Mining & Resources, Inc. (SHZ) stock is break out to the upside this morning on light volume. However, we've seen the volume start to pick up in the past 30 minutes. China Shen Zhou Mining & Resources, Inc. (SHZ) will have resistance at $2.70 and support at $2.15. Keep tight stops if you plan to trade SHZ. The technicals look great, SHZ is back above the 50 day moving average.
November 7, 2011 - China Shen Zhou Mining & Resources, Inc. (SHZ) stock is break out to the upside this morning on light volume. However, we've seen the volume start to pick up in the past 30 minutes. China Shen Zhou Mining & Resources, Inc. (SHZ) will have resistance at $2.70 and support at $2.15. Keep tight stops if you plan to trade SHZ. The technicals look great, SHZ is back above the 50 day moving average.