China Sunsine Chemical Holdings Ltd.

China Sunsine Chemical Holdings Ltd Forecasting for Profitable Trading

China Sunsine Chemical Holdings Ltd. (“China Sunsine”) is a leading specialty chemical producer selling accelerators, anti-oxidant, vulcanising agent and anti-scorching agent. It is the largest producer of rubber accelerators in the world and biggest producer of insoluble sulphur in China, serving more than 65% of Global Top 75 tire manufacturers, such as – Bridgestone, Michelin, Goodyear, Pirelli, etc.

Fundament Analysis:
• Net income margin increased by 10% from the previous year
• Revenue increased by whopping 55%
• EPS also increased
• Key ratios showing good fundamental growth in the long-term
• Management showing better earning forecasts for future

China Sunsine Chemical Holdings Ltd Technical Analysis
China Sunsine Chemical Holdings Ltd Technical Analysis

Technical Analysis:
• Volumes are good
• Head and shoulder inverted formation
• An uptrend in short-term
• RSI is positive
• Stochastic oscillator is +ve showing buying signal

Recommendation:
We will recommend this stock for the long term with the target of 2-2.15 this stock is showing better fundamentals results. Holding period will be between 7-10 months for better ROI on this stock

Leave a comment

Your email address will not be published. Required fields are marked *


Get Connected
Follow Us

Get connected with us on social networks!


Quick Enquiry