HK & CHINA GAS (00003.HK) News & Disclosure
Yu Kwan Lung, Director of Hani Securities (HK) Limited, said reading from the trend of the share price, 10-day moving average is now at $20.15. 50-day moving average is at $19.65. It stays in a typical consolidation as it hovers below 10-day moving average. Meanwhile, RSI-14 is 49. It poises to recoup the 50-mark level, which suggests to gain strength. Analyzing the share price movement, the previous low ( 7/2/2012 ) is at $18.1 and the recent high ( 22/3/2012 ) is $20.65. Measuring from the recent high, Fibonacci 0.382 retracement is $19.67. It seems to dance on the 0.382 retracement,...
- 17/04 09:55
- *HK & CHINA GAS (00003) maintained Neutral with target lifted to HK$20 from HK$18.2 by UBS
- 21/03 10:48
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HK & CHINA GAS (00003) rated Sell with TP$17 by Citi on expensive valuation despite PRC growth
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