STOCKWATCH: BRILLIAN CHI maintains platform consolidation and can be held
Brilliance China Automotive Holdings (1114) re-tested the support of 10-day MA line and showed initial stability technically. It rose amid the dismal market today and may maintain the recent platform consolidation shape. The stock is expected to rebound in the late trading and try higher levels if it can finally stabilize. Investors should stay on the sideline, or bet on short dealing once the HK$2.575 resistance stance is overcome. Supporting stance set at HK$2.
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