STOCKWATCH: speculate on short dealings of APT Satellite at HK$4
APT Satellite holdings (1045) rebounded persistently for nearly two months and retreated to consolidation after an accelerated rise in late May. With a sufficient turnover which moves conformably with the price, it intended to perform strongly over a vivid turnover yesterday and is expected to gain support at the 10-day MA line despite the retreat this morning. Short-term investors can buy it around HK$4. Target price set at HK$4.5 and supporting
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