STOCKWATCH: HK Exchange rebound blocked by 10-day MA line

The rebound of Hong Kong Exchanges (0388) has been held back by the 10-day moving average line, indicating hard resistance at that level. Power of rebound alongside broad market weak. Performance volatile and chance of breaking through the 10-day moving average line not great. Charts show signs of possible further decline. Initial supporting stance at HK$13.9, resistance at HK$15.2.

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