STOCKWATCH: SHK Property resistance zone at HK$80 to 81

Sun Hung Kai Property(0016) stabilized and rebounded under the support of the 100-day moving average line last week. With turnover withering, however, and RSI weak, the stock is approaching resistance at HK$80, 81. Since the market lacks favourable news, the stock is not expected to be able to storm through the resistance zone. Stop loss at HK$75. 

Related stock : (16)