STOCKWATCH: Jilin Chemical: take profit at rebound

Jilin Chemical Industrial (0368) obtained initial support on the 100-day moving average line today. Rebound expected after consolidation of broad market but with its current state being on the weak side and turnover not strong enough, the extent of rebound will be limited and profit should be taken while the rebound lasts. Supporting stance is set at HK$0.46 and 0.43.

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