STOCKWATCH: ASM Pacific Technology challenge 10-day MA line; short-term cautious

ASM Pacific Technology (0522) gained support at 10-day moving average line after retreating last week. Its slight rebound this week, however, failed to sustain with lack of sufficient turnover and the weak market. The stock, as reflected by chart, has been in face of support at 50-day moving average line, RSI on the weak side. Short-term investors are advised to take a wait-and-see. Supporting stance: HK$14.35. 

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