STOCKWATCH: Café de Coral expected to gain support at HK$3.8

Café de Coral Holdings (0341) formed a triangle consolidation after retreating from the high stance recently. With an upward trend in the short term technically, it closed high against the down-going market this morning over a quiet turnover. It may maintain the consolidation in the near future since the upward trend will be blocked. Strong technical support is expected at the 50-day MA line of HK$3.8. The performance in the late trading would be

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