STOCKWATCH: SWIRE "A" short-term resistance stance at HK$48; collect at low for

Benefiting from the support of 10-day MA line and rallying broad market, Swire Pacific Ltd."A" (0019) enjoyed rise for consecutive three days this week and returned to the 50-day MA line yesterday. Despite the broad market in consolidation zone, it performed robustly and is expected to churn up in the late trading, with RSI showing positive tendency. Investors are advised to absorb at low in the mid-term. Supporting stance and near-term resistance set at HK$45 and HK$48 respectively.

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