STOCKWATCH: bet on Denway Motors technical rebound around HK$2.4

Despite the sharp retreat range and the increasing turnover recently, Denway
 Motors Ltd (0203) underwent profit-taking and saw weakening short-term 
technical indicators. A panic discarding is not ruled out though charts showed
 a swelling turnover. With price touching the support of the Bolliger¡¦s lower-
band, it is expected to test the support of 50-day MA line. Investors can
 collect at low when it retreats. Technical rebound expected at the level of HK

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