STOCKWATCH: HK Gas: mid-term absorption can be made below HK$11
Hong Kong & China Gas (0003) once suggested short-term investors offload while rebound last Friday noon. It fell below 50-day moving average line again today, RSI also drooping. It is expected to seek support of 10-day moving average line. Collecting below HK$11 for mid run is advisable. Supporting stance is set at HK$10.8. Stop loss: HK$10.5.
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