this stock chart has a beautiful pattern that we should be able to capitalize on a significant %gain trade near 20% or more as a very strong resistance mark was breached at 2.59 today. I went long at 2.71 in the last 1/2 hour of trading today.
providing us with a backbone to this momentum was a strong earnings report released on the 31st.
China North East Petroleum Reports Fourth Quarter and Full Year 2007 Financial Results
Monday March 31, 8:30 am ET
- 4Q07 Revenue Increases 539% to $7.7 Million
- 4Q07 Net Income Increases 323% to $2.1 Million
- FY07 Revenue Increases 266% to $19.5 Million Compared to $5.3 Million in FY06
- FY07 Net Income Increases 439% to $5.1 Million Compared to $952 Thousand in FY06
I can dig it. Lets go long like donkey KONG!













