STOCKWATCH: bet on rebound of Swire Pacific Ltd."A"

Swire Pacific Ltd."A" (0019) underwent bottom consolidation recently and gained stability repeatedly at the 10-day MA line this week. With RSI reviving to around 50, it is expected to stage short-term technical rebound and investors can absorb at low properly. Near-term resistance and supporting stance set at HK$42.4 and HK$39.8 respectively.

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