STOCKWATCH: China Insurance keeps on horizontal track

China Insurance (0966) has recently been consolidating on the Bollinger's Band. Judging from present condition, with turnover on such a low level and the Bollinger's Band lacking an opening, the stock is not expected to see a breakthrough to a higher position. There will be more volatile consolidation on the Bollinger's Band. Supporting stance is set at HK$1.2. Resistance stance set at HK$1.43.

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