Anhui Conch Cement resistance stance: HK$0.8

Anhui Conch Cement Company Ltd (0914) has recently been swinging among frontal high places of HK$0.8 on an overwhelmingly increasing turnover, indicating profit-taking re-sale. Rebound alongside broad market this week has had no coordination with turnover. Charts indicate a decline in rise. Boosting power cannot be too high in the near future. Recommend appropriate selling at present price. Resistance stance set at HK$0.8.

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