STOCKWATCH: BEIJING AIRP expected to try resistance stance at HK$2.15

Beijing Capital International Airport (0694) retreated after breaking through the consolidation zone of HK1.6-1.8 in the previous two weeks, and maintained stability at the Bolliger¡¦s upper-band level with support from 10-day moving average line. The stock tried the high-level resistance of HK$2 again, spurred by the board market and sufficient transaction. RSI on a strong side. Certain headspace and rapid rise are anticipated once the resistance is overcome. Recommend to buy at low. Supporting stance and short-term resistance set at HK$1.87 and HK$2.15 respectively.

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