Monday, October 8, 2007
CNTF up strong in pre-market
CNTF launches "Twins", which is the first cell phone that allows for users to load a WCDMA and GSM card (or two GSM cards). According to the Press Release "Twins' set of features includes a 2.0 megapixel camera, MP3 and MPEG4 player, WCDMA modem, along with both video call and dual Bluetooth capabilities". Great timing for the press release, right after a retest of the 200 ema after a breakout. Who says technical analysis doesn't work? I currently hold 1/2 position and will be adding on future pullbacks to support until I have a full position.
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