STOCKWATCH: Angang New Steel supporting stance at HK$1.33; to rise for mid-term

Angang New Steel (0347) shook off the bearish broad market and sustained yesterdayˇ¦s rise to try new high today. It once approached the upper-band resistance of recent upward track this morning, but with stamina weakening and RSI on a high level, it will face consolidation in the short term technically . From a middle perspective, however, it is expected to maintain the upward

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