STOCKWATCH: absorb APT Satellite holdings while low

APT Satellite holdings (1045) rebounded under the support of 10-day moving average line for nearly one month and intended to try the HK$3.5 resistance level today. Chart indicated that it is expected to make breakthrough in foreseeable future with an increasing turnover and strong RSI. Investors are advised to speculate for short dealing. Target price set at HK$4 and supporting stance at HK$3.2.

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