STOCKWATCH: CHINA INSURA short-term resistance set at HK$2.35

China Insurance International Holdings (0966) gained support around the Bolliger¡¦s mid-band and rebounded dramatically against the downward market this morning, thus sustaining the upward trend. It is expected to rise in the mid-term and keep the consolidation trend in the near term, while the chance to set new high is slim since the turnover remains thin. Investor can continue to hold. Supporting and resistance stance set at HK$2.1 and HK$2.35 respectively.

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