STOCKWATCH: Beijing North Star to be released while rebound

Beijing North Star (0588) has been reflected by charts to have obviously reached the height it once were. Turnover has been on the rise, indicating profit-taking selling at that position. The stock may have rallied with the broad market today, but it is advisable to treat the rise as rebound and let the stock go while rebound lasts. Stop loss level is set at HK$1.2 and resistance stance, HK$1.45.

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