STOCKWATCH: Yanzhou Coal Mining boasts strong rebound

Yanzhou Coal Mining (1171) declined yesterday and gained double support at the 50-day MA line and the upward band. Spurred by buying at low, it is expected to rebound in the late trading. The consolidation may come to an end if it can keep HK$3.4 at closing and is expected test the level of HK$4 in the mid-term.

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