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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 (NYSEMKT:CHGS), Shen Zhou Mining (NYSEMKT:SHZ), Himax Technologies (NASDAQ:HIMX), AgFeed Industries (OTC:FEED) and SinoCoking Coal (NASDAQ: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

Source: China Stocks Adding Some Market Froth