STOCKWATCH: Short-term Texwinca: take profit while high

Following the rising trend of Friday, Texwinca Holdings (0321) rode up the declining market yesterday. However, the stock has been reflected by charts to have approached the HK$2.30 resistance high at the upper Bollinger's Band and was dragged down by the plunging broad market this morning. RSI has also retreated. With consolidation at hand, selling while the high lasts is recommended. Supporting stance is set at HK$2.

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