STOCKWATCH: CNAC in near-term technical over-buying; bet on short dealings

China National Aviation (1110) set a 52-week new high of HK$1.83 again over the
 vivid support this morning. With short-term technical indicators including RSI
 on a little high position and showing over-buying evidence, a technical
 consolidation is required and the stock is expected to make retreat and gain 
support at the Bolliger¡¦s upper-band of HK$1.72. Growth expected in the late
 trading once the support at the level can be maintained. Investors can 
speculate on short dealings when it retreats and stabilizes. Target price set

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