STOCKWATCH: CCT Telecom to churn; mid-term to hold

Tendency of further rebound of CCT Telecom Holdings (0183) has weakened. To short-term investors, it need a short-term consolidation. Chart reflects RSI tending to rise and turnover has been increasing gradually. It is likely to rebound after consolidation. It is advisable to absorb at low for mid-term hold. Short-term resistance is set at HK$2.7. Supporting stance: HK$2.4.

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