STOCKWATCH: Denway Motors to hold if HK$1.8 gate kept

Denway Motors Limited (0203) has recently been out-doing other stocks, keeping its stability on HK$1.8, unaffected by the broad market. Turnover volume is mild and RSI consolidating at 60-level. Expected to consolidate on a narrow range. Advisable to hold if the gate of HK$1.8 can be kept. Resistance stance set at HK$1.95.

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