STOCKWATCH: Rebounding QPL International short-term resistance at HK$3.3

QPL International Holdings (0243) rebounded alongside the broad market, turnover also seeing definite increase. However, whether the rebound will last depends on the broad market. With staying in feebleness for long, it is common to take a sharp rebound, but it should be taken as technical rebound. For short dealers, it is advised to absorb at low for short-term rebound when it retreats and consolidates after a surge to high position. Short-term resistance is set at HK$3.3.    

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