STOCKWATCH: China Mobile weakens; profit-taking preferred

China Mobile (0941) suffered obvious pressure from the 100-day MA line recently
. As indicated in the charts, it consolidated in a M-shape trend around HK$40,
 while short-term technical indices such as RSI have weakened. Expected to be 
dragged by the dismal trend of telecom stocks, it may seek lower support again

Related stock : (941)