STOCKWATCH: Next Media resistance at HK$0.4; make short-term investment

Stepping out of the bearish broad market, Next Media (0282) consolidated in narrow range recently and enjoyed an increasing turnover that can be attributed to the buying spree. With RSI showing multi-head trend, the stock is facing the HK$0.4 technical resistance gateway and expected to make a breakthrough in the predictable future. Investors can conduct short-term investment once the breakthrough is made successfully. Supporting stance set

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