STOCKWATCH: China Mobile short-term resistance at HK$41.5; bet on rebound unwise

China Mobile (0941) churned up and consolidated between the 50-day and 100-day
 MA line recently. With RSI also in consolidation shape and turnover on weak
 side, it is expected to have limited rebound stamina in the short run despite
 its upward trend alongside the broad market. Investors are suggested to stay 
on the sideline and collect at proper time if a breakthrough is realized, since
 the stock was still in consolidation zone and faced considerable technical

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