STOCKWATCH: Chaoda Modern Agriculture stably rises; hold for mid-term

Chaoda Modern Agriculture Holding (0682) posted gradual increase under the 
support of 10-day moving average line since Feb. and retreated to consolidation
 after hitting a top level last week. Carrying on yesterdayˇ¦s rising trend and
 setting a new high amid the downward market today, it is believed to continue
 the rally in the late trading. Technically speaking, it can be held in the mid
-term as long as the 10-day MA line gateway should be maintained, for RSI has 
been facing high-level over-sale and a consolidation is needed. Supporting

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