STOCKWATCH: absorb TravelSky Technology at low for mid-term
TravelSky Technology Limited (0696) continuously rebounded after stabilizing at the supporting gateway of HK$7 last week and created new high since its listing. It carried the strong trend this morning and is expected to try new high in the late trading, since short-term technical indicators have not yet undergone over-buying. Investors should hold it patiently or collect at low for mid-term. Resistance stance set at HK$8.4 and supporting position at HK$7.45.
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