STOCKWATCH: Short-term Guoco Group to test HK$50 gateway

Guoco Group (0053) jumped sharply in previous time, but sustained consolidating at high level recently. Charts indicate definite intention to come up again to test higher position. It is likely to re-test HK$50 gateway. However, with a big up-range accumulated recently and RSI being serious oversold for long, consolidation will be come in the near future. Recommend short dealing and disposing at high. Supporting stance: HK$43. Short-term stop loss: HK$40.  

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