Chart[94] - Man Oriental

The counter hit its 1 year peak ~ 2.7 on last June. Thereafter, its price has been free falling about 30%. Last two weeks saw price edging up with rising transaction volume. Buying interest could be gathering pace on the counter for the moment. Shall immediate resistance 2.03 been cleared. more upside could be seen. If support 1.75 fails to hold, downtrend would resume.

Relevant News:
[1] https://www.theedgesingapore.com/mandarin-oriental-hits-south-america-amid-new-hotel-push
[2] https://www.theedgesingapore.com/excelsior-hong-kong-close-end-march-us650-mil-redevelopment