STOCKWATCH: PetroChina stops decline; discard while high for short-term

PetroChina (0857) showed evidence to drop in the short term technically amid
 the depressing broad market for the previous two trading days. With short-term
 technical indices on weak side, it rebounded from decline this morning and may
 stop the downward trend. However, the rebound is expected to be insufficient 
considering the meager turnover. Short-term investors are suggested to discard
 at high since it will likely retreat in the late trading if the broad market

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