$GUOTAI JUNAN I(01788.HK)From a technical perspective, Guotai Junan International (01788) has been trading in a narrow range of 5.25 - 5.38 recently, with light trading volume (turnover rate 0.43%), indicating a consolidation phase. There is significant resistance near 5.825 above, and some support at 5.375 below. In the short term, unless there is a breakout with increased volume or better-than-expected earnings (interim report to be disclosed on 8.27), it is likely to remain in this range. Watch for a breakout direction: a move above 5.38 could target 5.825, while a drop below 5.25 may signal a pullback.