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Wall Street Fundamentals Releases New In-Depth Stock Reports on CHL, FENG, GAME and YGE


[ACCESSWIRE]

Asian equities have rallied recently as the broader Asian markets have edged closer to the black in 2014 On Monday, the Shanghai Composite Index closed up (0.9 percent) for the first time this year. In 2013, the Index dropped 6.8 percent and by January 20th was down another 6.2 percent. "The A-share market has already priced in a lot of the pessimism toward the Chinese economy...Even if you think China's economy is slowing, valuations in traditional sectors like banks and household appliances are still cheap," said Huang Cuiyu, a portfolio manager with HFT Investment Management Co.

China Mobile Ltd. (NYSE: CHL) shares traded in the range of $47.77 to $48.18 Friday before settling to close at $48.08, an increase of 1.31 percent. The stock appears to be facing some resistance at the $49.14 and $49.88 levels with some support at $47.91 and $46.63. Shares of China Mobile have gained approximately 1.2 percent in the past week.

More information on China Mobile and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/CHL

Phoenix New Media Ltd. (NYSE: FENG) shares traded in the range of $10.10 to $10.49 Friday before settling to close at $10.30, a decrease of 1.72 percent. The stock appears to be facing some resistance at the $10.49 and $10.87 levels with some support at $10.09 and $9.08. Shares of Phoenix New Media have gained approximately 3.7 percent in the past week.

More information on Phoenix New Media and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/FENG

Shanda Games Limited (NASDAQ: GAME) shares traded in the range of $6.50 to $6.60 Friday before settling to close at $6.56, an increase of 0.92 percent. The stock appears to be facing some resistance at $7.06 with some support at $6.50 and $5.98. Shares of Shanda Games have gained approximately 1.4 percent in the past week.

More information on Shanda Games and access to the free equity report can be found at:      
www.WallStreetFundamentals.com/GAME

Yingli Green Energy Hold. Co. Ltd. (NYSE: YGE) shares traded in the range of $5.90 to $6.17 Friday before settling to close at $6.01, a decrease of 1.64 percent. The stock appears to be facing some resistance at the $6.24 and $6.54 levels with some support at $5.96 and $5.73. Shares of Yingli Green Energy have gained approximately 9.0 percent in the past week.

More information on Yingli Green Energy and access to the free equity report can be found at:
www.WallStreetFundamentals.com/YGE

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Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

Contact:
Wall Street Fundamentals
Website: www.WallStreetFundamentals.com
Email: editor@wallstreetfundamentals.com




                        




            

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