STOCKWATCH: Shenzhen Expressway at HK$1.2 to test new high

Shenzhen Expressway (0548) has consolidated at a high level while turnover declined. Trend meets resistance at Bolliger¡¦s upper band around HK$1.25. RSI, showing a strong trend, indicated certain room to surge. If the HK$1.2 supporting stance can be kept, it is expected to test a new high after consolidation.

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