STOCKWATCH: CITIC Pacific to be collected over up-going potential

CITIC Pacific(0267) was blocked at its 50-day MA in recent days and has the intention of constructing surging trend as reflected in the chart, while Current price is the gateway of the torrent. The stock needs technical consolidation. CITIC Pacific has regained support of 10-day MA today and is expected to see a breakthrough in near future. Short and Mid-term investment is recommended. Supporting stance set at HK$23.

Related stock : (267)