Sunday, 20 December 2009

Jupiter China @ 86p

Jupiter China's top FIVE Fund holdings include property (Evergrand Real Estate), Insurance (China Life), finance (Bank of China and China Construction Bank) and Oil (CNOCC). I use the 50ema (84p) BUY price and 200ema (73p) Stop Price as indicators to invest in a fund. The fund price needs to be above the 50ema and 200ema and rising. Any break BELOW the 200ema is a warning. If the price does not get above the 200ema within the next 30 days then I sell out and wait for the price to find support. SELL triggerd @ 82p in Jan 2008. BUY triggered @ 54p in April 2009. Nov 2007 High @ 100p, Nov 2008 Low @ 33p. Take profits when the current fund price is more than 25% (90p) above the 200ema.. BUY 77p with Stop 70p Target 100p


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