STOCKWATCH: Petrochina breaks through resistance; short-term to test HK$1.8

Petrochina (0857) once broke through resistance at upper consolidating zone last week and finally stabilized at HK$1.5. It continued to ride on its up trend. Charts reflect it has succeeded in breaking through the resistance, turnover also seeing further support. It is likely to come up to test HK$1.8. Recommend hold. Supporting stance: HK$1.5. Short-term resistance: HK$1.8.  

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