STOCKWATCH: absorb Techtronic at low; short-term resistance at HK$2.8

Techtronic Industries (0669) soared for several months and staged large-scale 
retreat and consolidation in the recent two weeks amid the weak broad market. 
However, the turnover has not increased extraordinarily, indicating that the
 profit-taking pressure is not serious. It rebounded along with the broad
 market this morning and is expected to test the recent high level of HK$3 in 
the late trading if it can return to the level of HK$2.8 in the near future

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