STOCKWATCH: Hang Lung Development to test HK$7

Hang Lung Development (0010) underwent consolidation around HK$7.5 since it rebounded in April and formed a flag-shape trend. However, it still failed to overcome the resistance at top and slipped into a downward band. Expected to test the low level of HK$7 if it dips through the 50-day MA line of HK$7.4 in

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