Trident Microsystem - Another China Sky in the making?
August 29th, 2009
Coming across this post on fri midnight. Long this stock base on fundamental reason as stated from the post. Low debt, low density and undervalued. The way Warren Buffet would played.
From the Technical Analysis point of view, Trident Microsystem (TRID) seems to be mirroring China Sky. A stock that has been squeezed by the Bollinger Band for a long time. And it finally moved on Friday night. I expect this stock to start to trend up soon. For me, it’s like a gem in the rough, waiting to be polished.
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