Alfred Chan
Alfred Chan
emerged following interest late momentum recent strong sustain trade
Strong profit-taking interest emerged in late trade following the recent window-dressing buying. The momentum was not strong enough to sustain the recent gains.
bit flow funds momentum optimistic saw seen slower strong support
Momentum weakened a little bit as we saw a slower flow of funds into the market. But we are cautiously optimistic with strong support seen at the 15,200 level.
advance boost buying continued gaining level market momentum tone underlying
Funds' buying continued to boost stocks. The underlying tone of the market is still firm. The market may consolidate at around the 15,300 level before gaining momentum to advance further.