STOCKWATCH: Mid-term China Resources Enterprises to absorb at low: short-term re

China Resources Enterprises (0291) regained stability at 100-day moving average line yesterday after slumping on Monday and returned to 50-day MA line today with a low transaction. Short-term investors should take waiter-and-see attitudes due to the soft stance of RSI. It is proper time for mid-term investors to make absorption around 50-day MA line. Supporting stance is set at HK$11.2.

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