STOCKWATCH: Guangzhou Investment meets resistance at 10-day MA line
Guangzhou Investment (0123) tested resistance at the 10-day MA line of HK$0.89 this morning but failed to make effective breakthrough and retreated promptly. With various technical indicators in a consolidation shape, it is expected to maintain the consolidation in the short run and gain certain technical support at the level of HK$0.8. Investors can continue to hold.
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