STOCKWATCH: target price of China Eastern Airlines at HK$1.4

China Eastern Airlines Corporation (0670) turned a W-shape at the bottom and faced certain resistance technically. With turnover significantly swelling and RSI staying in the 60-above strong zone, it consolidated around the neckline and is expected to make breakthrough in short term. Advisable to collect for near-term. Target price set at HK$1.4 and supporting stance at HK$1.17.

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