STOCKWATCH: Headspace for Guangzhou Pharmaceut; resistance at HK$1.34

Supported by its10-day moving average line, Guangzhou Pharmaceut (0874) hit a qualitative 52-week high to close at HK$1.28. RSI reflects sufficient headspace for rise and a technical up-charging process accompanied by sufficient turnover. Short-term resistance stance: HK$1.34 on upper Bolliger's Band. Supporting stance: HK$1.2.

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