STOCKWATCH: Hang Seng meets resistance at 50-day MA line

Hang Seng (0011) slipped to the lowest level of HK$80 after setting a new high of HK$105.2 last year-end. Though a rebound is unlikely in the near future , the upward trend and the turnover go opposite ways and the price has soared to HK$85.7 around the 50-day MA line. With near-tern consolidation pressure looming, investors are suggested to dispose first and then make wise

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