STOCKWATCH: China Mobile tumbles through rectangle band support

China Mobile (0941) has churned between HK$37.5-42.8 since May and formed a rectangle band trend. It dipped through the significant supporting stance of HK$37.5 today and will most likely drop in the late trading. Plus, the 10-day MA line tumbled through the 50-day MA line. Holders are suggested to sell it

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