Asiainfo-Linkage (ASIA) goes negative by breaking below intraday moving average 2013/01/18 16:44

The intraday price for Asiainfo-Linkage has moved below its 200 period 30 minute moving average of 10.85. ASIA is around 10.77 bucks now. Going below the moving average deepens the negative trend.

The price is already below support of $10.9.

Other stocks to watch – these have a positive correlation with Asiainfo-Linkage:

Horizon Financial (HRZB) with a correlation of 97.65%

Invitel Holdings A/S (IHO) with a correlation of 100%

Ormat Technologies (ORA) with a correlation of 99.95%

Roxmark Mines Ltd (RMK) with a correlation of 100%

GS CARBON CORP (SWVC) with a correlation of 100%

For the math geeks and quants – the most recent Slope: -0.06 Intercept: 10.9 close: 10.77