STOCKWATCH: i-cable Communications to absorb; stop loss: HK$3.3

i-cable Communications(1097) rebounded alongside the broad market today. Turnover increased compared with the previous days, but it is expected to undergo pressure at HK$4. In short terms it may be in a state of churning. Recommend short-term investors to take a wait-and-see. Mid-term collecting at low is advisable. Stop loss: HK$3.3.  

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