Joe Jasper

Vermilion Research

Technical Analysis

<p>Broad global indexes are bumping up against logical downtrend resistance. As a result, our outlook remains cautious and our baseline expectation for continued downward pressure on global equities remains intact. At the same time, we are seeing signs that the worst of the declines <em>may be behind us </em>as global cyclical Sectors show RS improvements while defensive Sectors display early signs of RS deterioration.  In this report we review important technical levels for developed and EM indexes, and highlight a number of attractive opportunities across markets and sectors.</p>

China

Tongyu Communication Incorporation develops, manufactures and sells communication antennas and RF devices used in mobile communication systems. The Company produces base station antennas, microwave antennas, and RF devices.

Tongyu Communication - 002792 CH

Description