STOCKWATCH: bet on technical rebound on Brilliance after HK$2 is overcome

Brilliance China Automotive Holdings (1114) rebounded slightly and would stop the downward trend. However, it was still ailed by the recent declining band due to lack of buying and it would be risky to bet on technical rebound now from a short view. With near-term resistance gateway set at HK$2, the rebound may be achieved if it can overcome the level over the vivid turnover. Caution

Related stock : (1114)