The Dow Jones Industrial Average consolidates in a narrow range, while AMD reclaims its 50-day moving average.

The Dow Jones ( $Dow Jones Industrial Average (.DJI.US)$ ) has been capped by resistance near 54,000 points for several days, but support at the 10-day moving average remains solid; short-term movement may remain range-bound; Nasdaq 100 ( $NASDAQ 100 Index (.NDX.US)$ ) is currently holding above the 30,000-point mark, but the overhead resistance at 30,500 points remains unbroken. Short-term trading is expected to oscillate between 29,500 and 30,500 points. If you are bullish on the Dow, consider bull contracts. $SG#DJIA RC2612F.C (49653.HK)$ , with a call price of 49,000 points. Conversely, for those bearish, consider bear certificates $SG#DJIA RP28123.P (49683.HK)$ . For bullish views on the Nasdaq, consider bull certificates $SG#NQ100RC2612P.C (49697.HK)$ , with a call price of 28,000 points. Conversely, for those bearish, consider bear certificates $SG#NQ100RP2812C.P (49628.HK)$ , with a call price at 32,500.

Advanced Micro Devices (AMD) ( $Advanced Micro Devices (AMD.US)$ ) rose over 6% on Friday, reclaiming its 50-day moving average and the $500 level, with further improvement in its short-term technical pattern. If it can hold steady at current levels, there is room for further upside. If you are bullish on AMD, consider call warrants. $SG-AMD @RC2612A.C (11214.HK)$ , with a strike price of 700.

Alphabet ( $Alphabet-A (GOOGL.US)$ ) has recently been consolidating near $340, with the share price holding firm above support at the 10-day moving average. Watch to see if it can test the 100-day moving average around $355 in the future. If you are bullish on Alphabet, consider call warrants. $SGALPBE@RC2612A.C (11184.HK)$ , strike price 470.

Societe Generale Securities Listed Products Sales Department

This content is provided by Societe Generale Securities (Hong Kong) Limited ('SG'). Structured products are unsecured. If the issuer or guarantor becomes insolvent or defaults, investors may not recover part or all of their receivables. The above information is for reference only, intended solely for Hong Kong residents, and does not constitute advice or recommendation. Structured products involve risks; their prices may rise or fall, and investors may lose their entire investment. Past performance is not indicative of future results. SG acts as the liquidity provider for the structured products mentioned herein. In certain circumstances, SG may be the sole party providing bid and ask quotes for these structured products on the exchange. Please fully understand the product risks, consult a professional advisor, and carefully read the listing documents for complete details on the structured products before investing. Please refer to the listing documents on SG’s website at hk.warrants.com.

118K Views