STOCKWATCH: Swire Pacific Ltd."A" short-term resistance at HK$40

Swire Pacific Ltd."A" (0019) rebounded alongside the broad market this morning
 and overcame the recent declining band. With current price approaching the 10
-day MA line of HK$40 and the short-term technical shape weakening, the chance
 for a dramatic rebound in the foreseeable future is slim. A course for 
building consolidation  is expected in the near future. Short-term investors

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