STOCKWATCH: Vitasoy: to discard at rebound

Vitasoy (0345) seems to be slowly leaving the falling streak taken up earlier this week. Its attempt to stabilize cannot, however, be expected to change to a trend of rebound in the near future, given the weak performance of the broad market. RSI has been on the weak side and turnover has been lacking in volume. Recommended to take profit at rebound. Initial resistance at HK$1.25. Stop loss at HK$1.1.

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