STOCKWATCH: Wharf maintains 10-day moving average line; may try new heights

Wharf Holdings Ltd (0004) has recently regained stability and rebounded to return to the 10-day moving average line. It was attempting to try out the 52-week resistance stance at HK$24 this morning. The attempt may have been in vain but performance of the stock was still strong. Current RSI is still not too high: there is enough head room for advance. If the HK$23 10-day moving average line support can be maintained, new heights can be reached.

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