STOCKWATCH: absorb Kingmaker footwear for mid-term around HK$1.7

Kingmaker footwear Holdings (1170) churned up under the support of 10-day MA line for a long time, indicating that strong support exists at the level. It re-gained support at the 10-day MA line recently and maintained high-position platform consolidation. With RSI recovering, it is expected to try new high in the late trading and investors are advisable to collect it around the 10-day MA line of HK$1.7 for mid-term. Short-term target set at HK$1.8.

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