STOCKWATCH: Beijing North Star short-term resistance stance at HK$2.2

Beijing North Star (0588) rebounded persistently this morning over a stubbornly thin turnover. With the price approaching the recent high-position resistance, the upward trend would be held back as a result of lack of handsome turnover. Certain pressure exists at the HK$2.2 technical gateway in the short run. Short-term profit-taking is wise once it meets resistance in the late trading. Supporting stance set at HK$2.

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