STOCKWATCH: Television Broadcasts near-term target at HK$35

Television Broadcasts (0511) saw the RSI rise through the level of 80 with an over-buying surfacing technically. It underwent the V-shape consolidation for the recent trading days over sufficient turnover and is expected to sustain the rally in the late session. Investors can continue to hold it. Near-term target set at HK$35 and supporting stance at HK$32.

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