QXM - Qiao Xing Mobile Communication Co, Ltd (NYSE Stock)

[lovemoney]

Started to move up a little today.

Daily Chart - QXM - SharpCharts Workbench : StockCharts.com

Weekly Chart - QXM - SharpCharts Workbench : StockCharts.com


Qiao Xing Mobile Communication Co., Ltd.
6 Zhongguancun South Street
10th Floor CEC Building
Beijing, 100086
China - Map
Phone: 86 10 6250 1728
Fax: 86 10 6250 1722
Web Site: www.cectelecom.com

DETAILS
Index Membership: N/A
Sector: Technology
Industry: Wireless Communications
Full Time Employees: 692

BUSINESS SUMMARY
Qiao Xing Mobile Communication Co., Ltd., through its subsidiary, CEC Telecom Co., Ltd., develops, manufactures, markets, and sells mobile handsets in the People’s Republic of China. The company’s mobile handsets are based primarily on GSM, TD-SCDMA, and WCDMA standards. It offers its products under the CECT and VEVA brand names. The company provides its products to mid-income consumers through its own retail stores, national and provincial distributors, TV direct sales distributors, and Internet distributors, as well as through its Website vevago.com. As of June 12, 2009, it operated six VEVA retail stores in Beijing. The company was founded in 2000 and is headquartered in Beijing, the People’s Republic of China. Qiao Xing Mobile Communication Co., Ltd. is a subsidiary of Qiao Xing Universal Telephone, Inc.

[lovemoney]

Bounced back nicely today after last week's drop. Took a profit near the top while I had the chance.

[lovemoney]

Coming out of a little high consolidated cup handle. Could possibly want to start another leg up. Watching.

[lovemoney]

Popping up out of consolidation today

[lovemoney]

Seems to be holding the bottom ascending trendline of higher lows on both the daily and weekly chart since it dropped a month ago. Could be ready to start moving up again if it holds. watching.