STOCKWATCH: Guangshen Railway to break through; short dealing target: HK$1.4

Guangshen Railway (0525) has stabilized at HK$1 supporting position. Charts reflect day moving average lines forming W-shape bottom. It attempted to break through but failed. The stock has gained stability at HK$1.2 neckline supporting stance, RSI tending to rise. It is expected to re-test higher resistance. Short dealing can be made. Short-term target: HK$1.4. 

Related stock : (525)