STOCKWATCH: China Aerospace International short-term target at HK$0.9

China Aerospace International Holdings (0031) followed its rising trend of last Friday with transactions playing along. As reflected in charts, the bottom consolidation shape has already been finished recently with RSI on the rising tendency. The stock met technical resistance and had intention to break through the upper Bollinger¡¦s Band of HK$0.76 in the morning session. Impetus expected to try higher price in the foreseeable future. Recommended to have small investment in short term. Target price at HK$0.9.

Related stock : (31)