Here are a couple of nice looking breakout plays that look like they have room to run. I also noticed a large number of China stocks that were acting over-exhuberant during the holiday season. Here are six to watch:
Qiao Xing Universal Telephone (XING), China GengSheng Minerals (CHGS), Shen Zhou Mining (SHZ), Himax Technologies (HIMX), AgFeed Industries (FEED) and SinoCoking Coal (SCOK) and Coke Chemical Industries (SCOK).
This is one more sign of the froth that is built into the markets right now.
Click charts below to enlarge
Disclosure: No positions