STOCKWATCH: Shanghai Industrial gains support at 100-day MA line

Shanghai Industrial (0363) persistently closed lower this morning with short
-term technical indices drooping. As reflected in charts, it should gain
 certain technical support at the 100-day moving average line around HK$13.6. 
Advisable to keep sidelined for the short term while its performance in late
 trading depends heavily on the trend of broad market. Mid-term investors can 
continue to hold as long as the 100-day MA line is maintained, otherwise profit

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