STOCKWATCH: Beiren Printing sees readjustment pressure

Beiren Printing Machinery (0187) has now left the 10-day moving average line for some distance. With RSI approaching the overselling zone at 80, technically there is a consolidating possibility. If the stock should stabilize at HK$1.2, investors are recommended to hold it, or else for short-term investment, one should consider selling to take profit.

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