STOCKWATCH: Maanshan Iron & Steel expected to rise

After obtaining support at the 10-day MA line yesterday, Maanshan Iron & Steel (0323) soared against the bleak market and set new high over an active turnover. Charts indicated that, with various technical indices growing positive, the stock is expected to try another height in late session. Investors can continue to hold or collect at low and bet on short dealing. Short-term target price set at HK1 and supporting stance at HK$0.71.

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