STOCKWATCH: Legend rebound resistance at HK$5.35

Legend Holdings (0992) rebounded alongside the broad market this morning. Charts reflect resistance at HK$5.35 and the rebound today is only affected by US bounce. How long the rebound will last depends on the forces of short-term rebound of the US market. If the rebound should be held back at the resistance, short-term investors is advised to take profit first. Supporting stance is set at HK$4.95.  

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