STOCKWATCH: Interchina in good shape; to rise in mid-term

Interchina Holdings (0202) has bounced up gradually in the past two months with steady trend. Despite churning in feebleness this week, the share sustained strong shape of consolidating and rising shape is positive for mid-term. As for short-term investors, technical consolidation is still needed with RSI having been in over-selling zone for long. Short-term investors are advised to take profit while high. Mid-term investors can still hold for it is expected to test higher position after short-term consolidation and regaining support at 10-day moving average line. Supporting stance is set at HK$0.61.

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