STOCKWATCH: Beijing Enterprises should keep 20-day MA line

Beijing Enterprises Holdings (0392) soared to the level of HK$10 on a sufficient turnover yesterday. However, it declined today and suffered adjustment pressure in the short term. It should keep HK$9.7 at the 20-day MA line and overcome the resistance stance of HK$10.4 ASAP, otherwise the flag shape will be destroyed. Continue to hold for the time being.

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