STOCKWATCHˇGLegend to trade in short term
Legend Holdings (0992) churned in feebleness during the last two weeks, but rebounded yesterday, following the booming broad market. The stock tripped over the rising trend yesterday and returned to the 10-day moving average line with sufficient transaction. With the rebounding tendency not so strong, some headroom for rebound is still expected over the stimulation of the broad market in short term and the stock is estimated to meet resistance at HK$6.8. Advisable to absorb for short-term investors. Short-term resistance set at HK
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