STOCKWATCH: Beijing North Star sees supporting stance at HK$2 and continues to r

Beijing North Star (0588) has been maintaining high-level consolidation around the HK$2 for the past two weeks, with the bottom obviously lifted. Charts suggested that the 10-day MA line rendered considerable support to the stock technically. With the consolidation trend expected to announce an end, it would most likely make an upward breakthrough in the predictable future. Investors can hold constant confidence in it and those who have not yet bought should keep on the sideline. Speculate on short dealings once the recent HK$2.3 resistance is overcome.

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