ASYS, CAGC, JKS, RINO Among our Charts to Watch
by Harry Boxer, www.TheTechTrader.com
Amtech Systems Inc. (ASYS) after stair-stepping higher since early July broke out earlier in the month, pulled back in a little flag, broke out again yesterday and followed through today. It made a new multi-month rally high, breaking out across key resistance going back 2 1/2 years. The next target is at the late '07 highs around 17.50-.75.
JinkoSolar Holding Co., Ltd. (JKS) has been in a very strong move since just after its listing. The strong trend started in early July around the 12 range. It's moved steadily, up another 2.23 today, breaking it out of a 5-day flag. It has momentum and looks like it could reach the 25 level, my short-term trading target. Intermediate target at 29-30.
RINO International Corporation (RINO) may be coming out of an important base pattern. Notice today's surge on 1.8 million shares, up 79 cents, or 5.3%. It may be coming out across key resistance line. If it does, I expect a quick move across 17, but my trading target is at 19, and intermediate target at 24.


