STOCKWATCH: held MTR for mid-term if HK$12.5 kept

Despite the satisfactory performance of MTR Corporation (0066), the stock may maintain consolidation in the foreseeable future, considering the choppy market condition, its thin turnover and lukewarm investors buying intention. As reflected in charts, it constructed recent bottom around HK$12.5 and should find robust technical support at the level. Investors can absorb and hold it for mid-term if the supporting stance is kept.

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