Great Wall Motor Company Limited is China's largest producer of sport-utility vehicles and pick-up trucks and its share price is up around 500% over the last 12 months reflecting the rapid adoption of vehicles in China as well as Great Walls continued expansion into international markets.
Share price is probably in the overbought / expensive area at the moment so if you are interested you could wait for a bit of a pull back in the 5% to 10% type range or a drop in the RSI back under 65% if it goes through some kind of consolidation period at current price levels.
Might be worth a look.
Share price is probably in the overbought / expensive area at the moment so if you are interested you could wait for a bit of a pull back in the 5% to 10% type range or a drop in the RSI back under 65% if it goes through some kind of consolidation period at current price levels.
Might be worth a look.
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