STOCKWATCH: Absorb Interchina to bet on rebound

Interchina Holdings (0202) has been declining in the past months with RSI loitering steadily at over-sale zone. Constructing low terrain at near 52-week lowest level. Turnover on a clear increase: last Friday extraordinarily large-scale. This morning slight sign of stirring and a rebound is expected. Can absorb now to bet on a rebound. Short-term target at HK$0.4. Stop loss level set at HK$0.24.

Related stock : (202)