STOCKWATCH: absorb Guangnan for short-term at current price

Guangnan Holdings (1203) has retreated to the level of early this month. Technically speaking, it saw support from the Bolliger¡¦s lower-band at the gateway of HK$0.2 and is expected to post technical rebound in the short run. Short-term investors are suggested to bet on short dealings around HK$0.2. Near-term target set at HK$0.26 and stop loss at HK$0.18.

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