STOCKWATCH: Yanzhou Coal Mining sees resistance at HK$4

Yanzhou Coal Mining (1171) rebounded up after obtaining support at the 50-day MA line last week. With RSI showing multi-head trend, it is expected to enjoy certain rebounding headroom technically and investors can bet on short-term dealings when it retreats this morning. However, the stamina would be weakened in the late trading as a result of insufficient turnover. Therefore, short -term investment is preferred. Initial resistance stance and supporting

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