STOCKWATCH: HSBC tests lower support

HSBC Holdings (0005) retreated gradually to the current level around HK$94 in 
the past half one month and closed low this morning. As indicated in charts, it
 tumbled through the Bolliger¡¦s lower-band support around HK$95.5 and is
 expected to test lower support in the predictable future. Short-term investors
 should consider discarding at proper high while non-buyers should keep on the
 sideline. Bet on rebound unwise for the time being. Next supporting stance set

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