STOCKWATCH: Continue to hold China Overseas Land & Investment

As reflected in charts, China Overseas Land & Investment (0688) showed an obvious upward band and faced new high-level resistance at the current price under support from 10-day moving average line. With a stable and strong trend, it is believed to set new highs in late trade if the gateway of 10-day MA line can be maintained. Advisable to continue holding. Supporting stance set at HK$1.16 and resistance stance at HK$1.26.

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