STOCKWATCH: Hong Kong Exchanges halts; forces of rebound limited

Hong Kong Exchanges and Clearing (0388) has halted its down-going trend. A rebound alongside the broad market to test 10-day moving average line lacked forces with insufficient turnover despite RSI recovered. Forces of rebound is expected to be limited in the short run and it is not proper time to bet on rebound. Mid-term investors may collect at low. Short-term resistance stance is set at HK$13.3. Stop loss: HK$12. 

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