STOCKWATCH: ASM Pacific Technology dips through 50-day MA line support

ASM Pacific Technology (0522) rebounded to HK$16.5 for several times and failed
 to further rise since last October. Charts showed an evolving multi-head shape
 where the rebounding resistance exists. With the recent trend presenting a
 similar round-shape pattern, it tumbled through the level of HK$14.8 at the 50
-day MA line and intended to overcome the 10-day MA line. Short-term investors
 should leave the trading floor and keep sidelined. A downward trend will form

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