STOCKWATCH: Shenzhen Expressway to test 52-week high resistance upon HK$1.25 bre
Shenzhen Expressway (0548) rebounded with the broad market this morning but was faced with resistance on the upper track of the Bollinger's Band. RSI has returned to the stronger zone of 60-plus level, indicating a possible surge to come. If its breakthrough of resistance at HK$1.25 is supported by turnover, the stock may climb up to try out 52-week high resistance. Recommended to hold at the moment and stop loss at HK$1.15.
Related stock : (548)