STOCKWATCH: China Resources Beijing Land to bet on rebound

China Resources Beijing Land (1109) continued to be dragged down by the broad 
market and closed low, breaking through the 10-day moving average line and 
testing 50-day moving average line support level. As reflected in the charts, 
it lingered around the HK$2.175 level on the 50-day MA line and might meet 
support at the level technically. If failing to reclaim stability in short term
, it might continue to test HK$1.95 terrain on the 100-day MA line. Otherwise,
 it would rebound technically. Investors are advised to speculate on short

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