STOCKWATCH: Sell Pacific century Insurance for short-term while technical reboun

Pacific century Insurance Holdings (0065) slowed the downtrend last week and should find certain technical support near the low level of March in the short term. It rallied against the depressive market with turnover, though increased, remaining on the weak side. The rebound is believed to be a short-term technical one. Investors are suggested to take profit when it rebounds since big pressure exists at the gateway of HK$2.

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