Cninsure Inc (CISG +$0.49 or +1.84% to $27.09) posted a gain with above average volume to end the week reassuringly, closing just -5% off its 52-week high. It is consolidating above its 50-day moving average (DMA) line after recent gains above that important short-term average helped its outlook improve, technically. Disciplined investors may be wise to continue waiting until a fresh technical buy signal occurs. It was featured again in yellow in the 6/16/10 mid-day report (read here) with new pivot point cited based upon its 5/13/10 high. Based on weak action it was previously dropped from the Featured Stocks list on 5/19/10. 

This China-based insurance broker has shown strong earnings and sales growth above the +25% guideline. It traded up as much as +17.4% higher after it rose from a 20-week double bottom base with 8 times average volume and was in the 3/03/10 mid-day report (read here). The lack of any other high-ranked leadership in the Insurance-Brokers industry group also remains a concern with respect to the investment system's L criteria.