STOCKWATCH: discard China Overseas at high for short-term

China Overseas Land & Investment (0688) formed an obvious double-head shape and staged strong rebounding stamina after stabilizing at the neckline supporting stance of HK$1.2 last week. It climbed up against the dismal market this morning and is expected to test the high-stance resistance of HK$1.4 in the late trading. Investors can make short-term investment prudently. However, considering the drooping trend of the turnover for nearly one month, it may unlikely to overcome the resistance stance due to lack of vivid turnover in the foreseeable future. Investors are suggested to discard at high and make

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