STOCKWATCH: CNOOC gains support at HK$0.75

China National Offshore Oil Corporation (0883) underwent consolidation in
 softness recently, and seemed to meet pressure at the 10-day MA line in the
 short term. With short-term technical indicators on a weak level, it is
 expected to see limited profit-making space in the foreseeable future and to 
maintain consolidation. Wait-and-see attitude suggested. From a middle view, it
 will gain support at the technical gateway of HK$0.75 and stage positive
 performance in the late trading technically. Continue to hold if the

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