Company: Chaoda

Name: Chaoda Modern Agriculture (Holdings) Limited

Listed: Hong Kong (HKG)

Stock Code: 682

Chairman: Kwok Ho

Description:

Chaoda Modern Agriculture (Holdings) Limited is an investment holding company. The Company, through its subsidiaries is engaged in producing and selling agricultural products. The subsidiaries of the Company include Timor Enterprise Limited, Insight Decision Limited, Huge Market Investments Limited, Worthy Year Investments Limited, Great Challenge Developments Limited, Good Add Holdings Limited, Chaoda Vegetable & Fruits Trading Limited, Fuzhou Chaoda Modern Agriculture Development Company Limited, Fujian Chaoda Green Agriculture Development Company Limited, Fujian Chaoda Livestock Company Limited and Chaoda Vegetables & Fruits Limited.

Technical Analysis

Technical Analysis is one of the securities analysis used to forecast the future possibilities of direction of price through the study of past market data, primarily price and volume.

The chart of the price and volume was recorded and some formula were apply to read the chart. Lot of the traders ignore the fundamental analysis and the actual nature of the company, market, currency or commodity when they trade in the market. This is because they believe all the sentimental is factor in the price and volume which cause by the human behavior.I recommend technical analysis is just a reference tools and investment still need to go back to fundamental. 

Well, technician says that market's price reflects all relevant information, so their analysis looks more at "internals" than at "externals" such as news events. Price action also tends to repeat itself because investors collectively tend toward patterned behaviour, hence technicians' focus on identifiable trends and conditions.

Basically, technical looks at the price trends, moving average, indicators such as volume trend, MACD, RSI, Stochastic, DMI, Retrenchment, Support and Resistant, and so on.