STOCKWATCH: CHUKONG SHIP approaches supporting stance; absorb at low

Chu Kong Shipping Development (0560) has come near to the supporting stance of 10-day MA line around HK$1.22. With RSI recovering from the over-buying zone to a rational level, it sustained the stability this morning and is expected to perform strongly again at the late session. Investors can collect at proper low. Near-term resistance stance set at HK$1.38.

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