Above is the daily chart of ND Paper (2689.HK). The stock price is now testing its support at 11.73. This seems to be a very great support which is difficult to break. The red downtrend line on the upside is converge with this support and the price would probably break upwards given the double bottom formed. Once this red resistance line breaks, we can expect 13.8 or even the previous high 14.4.
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