STOCKWATCH: CHI RES BEIJ sees strong support at 50-day MA line

China Resources Beijing Land (1109) retreated last week and stabilized at the 
50-day MA line. As reflected in charts, despite the head-shape tendency, it
 finally obtained stability at the 50-day MA line where strong support exists.
 It rebounded along with the broad market yesterday morning and returned to the
 level of 10-day MA line, with RSI building multi-head shape. Certain
 rebounding space is expected after the retreat and short dealings at low is

Related stock : (1109)