STOCKWATCH: CHI OVERSEAS to rise; supporting stance at HK$1.34

Ailed by the dismal broad market, China Overseas Land & Investment (0688) has 
been in consolidation recently and obtained support at the 10-day MA line. 
Technically speaking, with RSI still on a high level, a continued consolidation
 is most likely in the short term and the stock is expected to gain support at
 the HK$1.34 10-day MA line and to rise after consolidation. Advice: holders
 can be continue to possess while those who have not yet bought should make
 short-term investment after the HK$1.44 near-term resistance stance is

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