STOCKWATCH: collect MTR Corporation at low for mid-term

MTR Corporation (0066) staged stable performance in the recent two weeks and consolidated under the support of 50-day MA line. With turnover remaining weak and technical indicators loitering in consolidation shape, the current condition would persist in the short run. From a mid-term view, it is expected to go strong in the late trading as long as the 50-day MA line of HK$13.5 can be kept. Mid-term investors can absorb at low.

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