STOCKWATCH: QPL International to remain soft in near future

Affected by exterior circumstances, QPL International (0243) has been falling on and off for quite some time. The stock should see a technical rebound but turnover has been pressed down by general weak market condition, keeping technical indicators on a low profile. There are still no indications for buying on the charts. The stock is expected to remain on the soft side for some time. Initial supporting stance is set at HK$ 3.5. Resistance stance set at HK$4.

Related stock : (243)