STOCKWATCH: CHINA SHIP D gains support at 10-day MA line; collect while low

Although China Shipping Development (1138) once retreated and tumbled through 
the 10-day MA line last week, it could manage to close at the level and 
rebounded sharply this morning, indicating that it enjoyed robust support at
 the level technically. Investors can bet on short dealings or collect at low 
in the mid-term. With RSI building multi-head tendency, it is expected to try 
new high in the late trading. Supporting stance set at HK$1.66 and short-term

Related stock : (1138)