STOCKWATCH: China Mobile resistance stance HK$36.1

China Mobile(0941) has gained an initial stability alongside the broad market. Lack of strength was shown in technical rebound. Resistance HK$36.1 at 10-day moving average line has been reflected by chart. The turnover level shows a shrinking tendency. A short-term rebound may not be ideal. Recommend short-term investors to wait and see. Stop loss: HK$33.5.

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