STOCKWATCH: tom.com needs further consolidation, to wait and see
The turnover of tom.com (8001) has been withering for the latest days with its RSI showing fatigue. It is not easy for the stock to step out of the low position in short time, for it has been weak for long. Recommended to wait and see. Supporting stance is set at HK$2. Resistance stance at HK$2.2 and stop loss at HK$1.9.
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