STOCKWATCH: bet on rebound of Li & Fung unwise

Li & Fung (0494) rebounded slightly after testing the support of 100-day MA
 line this morning. With weak short-term technical indictors and bearish broad
 market, it would unlikely make rebound in the foreseeable future and is
 expected to test the supporting stance of 100-day MA line of HK$13.8. Short

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