Hu An Cable Holdings Ltd. (“Hu An”) seems to be on the verge of completing a double bottom formation, if it can break the neckline at $0.380 with volume expansion. For readers who are not aware of Hu An, it is one of the top 10 largest wire and cable manufacturers in China by capacity. Hu An manufactures and supplies a wide range of power transmission cables to support a growing spectrum of power infrastructural developments in China. It serves the following industries viz. power generation, transmission and distribution, petrochemical, transportation, alternative energy and other industries. Below is Hu An’s chart […]