STOCKWATCH: BEIJING ENT near-term target at HK$10; bet on short-term

Beijing Enterprises Holdings (0392) broke through the HK$9 resistance stance this morning amid a bearish market. With the RSI showing a strong multi-head tendency, it is expected to try new higher resistance level in the short term. Investors can bet on short-term. Near-term target and supporting stance set at HK$10 and HK$8.4 respectively.

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