STOCKWATCH¡GJiangsu Expressway to rise after recording 52-wk high

Jiangsu Expressway (0177) created a new 52-week high with sufficient turnover this morning. RSI has just entered strong zone above 60 and remains wholesome. Despite possibility of short-term consolidation, it is expected to have some space for further rise. Recommend to hold. Absorption at low while it consolidates is suitable to new investors. Supporting stance is set at HK$1.5.

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