STOCKWATCH: bet on Qingling Motors for short-term around 10-day MA line

Qingling Motors (1122) closed low over a slightly increasing turnover today with big names including BNP and Merrill Lynch discarding it. Charts indicated that it was testing the support of 10-day MA line and expected to register technical short-term rebound if it can stabilize at the level in the late trading. Investors can bet on short-term investment. Supporting stance set at HK$2.175.

Related stock : (1122)