STOCKWATCH: Shenyin Wanguo (H.K) short-term resistance stance at HK$1.46
Shenyin Wanguo (H.K) (0218) is expected to try a high level after the successful breakthrough of HK$1.2 resistance stance today. Charts suggested that it would face considerable pressure at the HK$1.46 turnover-intensive resistance stance. With turnover on a weak level and RSI on a modest stance, active transaction is necessary technically. Short-term investment preferred.
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