Harbin Electric (HRBN) – 10-06-2009

October 6, 2009 · Filed Under Bearish, Bullish, Growth, Swing Trades · Comment 

HRBN Daily ChartI remember looking at HRBN a couple years ago when it was around $20.  Since then it hit $28, dropped down to $4.25, and bounced back to almost $20 again.  A nice little breakout today bumps this one back up towards the top of my watchlist.  With tremendous upside and downside potential, this one is still interesting for the active trader who’s disciplined.