STOCKWATCH: Shenyang Public: resistance at HK$1.4

Shenyang Public (0747) has been consolidating in a high narrow range. Charts indicate the base of a wedge under construction but since turnover has not played along, the stock is not expected to break through resistance at HK$1.4 neck part. It will most probably be entering consolidation zone at HK$1.2 to 1.4. Recommended to hold as mid-term investment. 

Related stock : (747)