STOCKWATCH: GD KELON overcomes HK$2 resistance; collect while low

After consolidating at the HK$2 resistance stance around the 10-day MA line for a long time, Guangdong Kelon Electrical Holdings (0921) sped up the upward trend to break through the HK$2 resistance amid the stagnant market in the afternoon. It is believed that investors had bought it at low in early trading despite the lackluster turnover. The stock is most likely to further rise in the late trading, provided that it can close at HK$2 today. Investors are advised to collect at low once the breakthrough is confirmed. Supporting

Related stock : (921)