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Tale of the Tape

Zacks Equity Research

Is This the Top for ChinaCache Internatnl Hldgs Ltd (CCIH)
October 14, 2013

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ChinaCache Internatnl Hldgs Ltd has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because CCIH is now in overbought territory with an RSI value of 75.1. Furthermore, estimates for the ChinaCache Internatnl Hldgs Ltd. have been coming down, pushing it to a Zacks Rank #4 (Sell). This suggests that investors may better off exiting this stock before it falls back to Earth.