STOCKWATCH: Beida Jade Bird resistance at HK$2.4

Beida Jade Bird (8095) has stepped up recently while turnover remained on the low side. Charts indicated it was approaching historical high position around resistance zone with thick transaction. If there should be sufficient turnover to support, HK$2.4 resistance wonˇ¦t be broken through and a short-term consolidation may follow. Recommend short-term investors to take profit first when held back. However, it is expected to climb up in the middle run. Supporting stance is set at HK$2.1.  

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