STOCKWATCH: Petrochina meets support at 10-day MA line, to go on holding

As reflected in the charts, Petrochina (0857) was blocked at the resistant zone between HK$1.8 and HK$2. With RSI consolidating at the high level of HK$73, it is hard to break through the level and expected to remain consolidation in short term. Technically to meet support at 10-day moving average line. Investors are advised to go on holding if the level could be kept and to take short-term profit once it breaks through the level. Supporting stance is set at

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