STOCKWATCH: not bet on bottom of ASM Pacific Technology

ASM Pacific Technology (0522) rose continuously this morning. Despite the robust bouncing trend of RSI, the turnover faded and another consolidation is required in the late trading since it has approached the resistance stance of 100-day MA line and the upward stamina is weak. Short-term investors are advisable to take profit while high and not to bet on bottom for rebound.

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