STOCKWATCH: Kowloon Motor Bus to rise in mid-term

As reflected in charts, Kowloon Motor Bus Holdings (0062) has churned up in the flat upward band and once plummeted last September and then made rapid rebound to construct platform consolidation for several months. Technically speaking, the absorbing and false selling by market makers has announced an end and the stock has rose gradually along the 10-day MA line this year, with turnover mildly increasing. It is expected to enjoy rosy outlook in the late trading. However, with short-term technical indicators such as RSI on a little high position, a consolidation would come in the near future. Investors can collect

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