STOCKWATCH: bet on rebound of Sino Land around HK$3

As reflected in charts, the recent head shape of Sino Land (0083) remained unchanged while RSI and turnover continued to stagnate. From a short perspective, it would perform unstably and it is not the proper time to buy in. Suggestion: wait and see. Short-term investors can bet on technical rebound around HK$3. Recent resistance stance set at HK$3.25.

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