STOCKWATCH: Rebound of China Unicom Limited see resistance at HK$10.7

After a two-day plunge, China Unicom Limited (0762) showed signs of breakthrough as indicated in the charts and rebounded with the broad market this morning. There is, however, stubborn resistance at Bolliger¡¦s low-band HK$10.7 level and resilience is not expected to be too great in the short run. Advisable to sell while rebound.

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