HK market update - 12/8/14


More financials stock that approached very key resistances and significant level.
Bank of Chongqing Co Ltd, 1963.hk- IPO was @ 6 dollar HKD in 2013 Oct before it plummet to a low of $4.65. Currently, share price had revisited back its IPO price level. Expect resistances to break as well.
CHONGQING RURAL COMMERCIAL BANK - 3618.HK also had significant increased volume activities today. I see very strong support @ 4 dollar level and a mid term resistance @ around 5 dollar. Watchout for flags.



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