STOCKWATCH: take profit from Gold-Face for short-term
Gold-Face Holdings retreated to consolidation after surging to HK$1.2 last week and intended to stabilize at the 10-day MA line around HK$1 recently. It stabilized in stagnancy this morning and dropped sharply in the afternoon. Unexpectedly, it then climbed up against the dismal market with turnover swelling significantly, which is not ruled out that major investors discarded it while high. Holders are suggested to dispose at high for short-term. Stop loss was at HK$1. Non-holders had better not bet on a rise.
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