STOCKWATCH: Legend rebound lacks strength; supporting stance HK$5

Legend Holdings (0992) has rebounded mildly. The stock has not yet got rid of obsession of 10-day moving average line. RSI keeps a consolidating state. No obvious growth has been shown in turnover, which indicates a limited space for rebound. Consolidation is expected to sustain. But possibility of plunging to test a low level may not be neglected. Recommended caution under current situation. Supporting stance is set at HK$5.

Related stock : (992)