SmartHeat (HEAT) Breaks Out of Double Top

By IBTimes Staff Reporter | January 11 2010 3:12 PM

The heat remains on as Chinese heating equipment maker SmartHeat (HEAT) breaks nicely out of a double top. Somewhere Kenny Loggins is smiling...

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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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