STOCKWATCH: Dah Sing to test HK$44; to absorb
Dah Sing Financial Holdings (0440) has constructed W-shape bottom at HK$36, turnover sustaining rising. It returned to HK$40 neckline resistance and tried to stabilize, RSI having just entered stronger zone. Charts indicated signs of another rising stage. Recommend absorption at low as it may come up to test HK$44 in the short run. Further surge is expected. Supporting stance is set at HK$40.
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