BOC Hong Kong rises more than 7% broken 250-day line Citi sings well

Source: Internet
Author: User
Keywords Citi RIP.
Tags broken channel continued continuing high index market market share
BOC (02388. HK) today continued to chase backward, to breakthrough rift rose wear 250 days line, continued to rise 7.6%, reported $13.28, a 8-month new high, deal 33.44 million shares.  Technical index preference, reflecting the volume of obv continued to rise, MACD "Double cow", the calendar plus channel began to widen from narrow, ADX also see rebound, meaning a new round of trends. Citi said it grew 29% in April for new mortgage loans, with BOC continuing to the top, with a market share of 17%, followed by Hang Seng <00011.hk>15.4% and HSBC (13.2%). In Hong Kong Silver continued to bullish on the BOC, rating "hold", the target price $8.5.
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