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港股窩輪Jenny
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Pop Mart Surges 7% as Three Key Price Levels Become Turning Points for Trend

$POP MART (09992.HK)$ Yesterday, the short-term support at the psychological level of 150 yuan was briefly breached, triggering concerns about the effectiveness of near-term support. However, today's early trading session saw a strong rebound with intraday gains reaching up to 7%. The latest quote is 162.1 yuan, and the intraday high touched 162.8 yuan, successfully moving back above the 5-day moving average of 154.83 yuan, rapidly recovering from yesterday’s downturn.
$POP MART (09992.HK)$ Yesterday, the stock briefly fell below the key 150 yuan level, raising concerns about the effectiveness of short-term support. However, a strong rebound occurred in early trading today, with the maximum gain reaching 7%. The latest price was 162.1 yuan, and the intraday high reached 162.8 yuan, successfully staying above the 5-day moving average of 154.83 yuan. The short-term trend quickly recovered from yesterday's downturn. Regarding@7528135 When asking 'Is 150 yuan cheap or expensive?' the most practical answer at this stage is not purely about valuation but rather about structure. This is because, from the daily chart, Pop Mart had previously dropped sharply from its peak at 274.20 yuan and later plunged to as low as 140.10 yuan, only recently stabilizing temporarily around 150 yuan . This indicates that although the current price is much lower than the peak, technically it has not fully bottomed out yet, so The current price of 150 yuan feels more like a lower-range tug-of-war zone rather than a confirmed safe zone.In other words, this price level may not necessarily be considered high for the long term, but for the short term, it still belongs to the category of 'observable, but not to be quickly regarded as a solid bottom'. Yes@@死奶仔 The question 'If it rises back to 160, will it happen?', and @This time it’s my turn to step into the spotlight. That kind of contradictory mindset where one moment you want to switch positions, and the next you feel there’s a higher probability of downside, actually reflects the truth about the current market situation. Because Pop Mart does have potential for a rebound now, after all, 150 yuan This position has been temporarily defended, and the RSI is approximately 36, which is better than when it was at its weakest...
Regarding@7528135 The question 'Is 150 yuan a fair or expensive price?' At this stage, the most practical answer isn't simply discussing valuation, but first addressing structure. Because looking at the daily chart, Pop Mart previously fell from a high of 274.20 yuan fell sharply, and later even dropped to 140.10 yuan, only recently stabilizing temporarily around 150 yuan . This indicates that although the current price is much lower than the peak, technically it has not completely stabilized yet, so 150 yuan currently appears more like a bottom fluctuation zone rather than a confirmed safe zone.In other words, this price level may not be considered high for the long term, but for the short term, it still falls into the category of 'observable but should not be too quickly regarded as a solid bottom'.
Yes@@死奶仔 Questions like 'What if it rebounds to 160?' and @ThisTimeIAmTakingTheLead the contradictory mindset of wanting to switch directions at times and feeling there's a higher probability of moving downward at others precisely reflects the current market situation. Because Pop Mart isn't entirely without rebound potential at the moment, after all 150 yuanThis level has been temporarily defended, and the RSI is about 36, showing some improvement compared to the weakest point; but on the other hand, the stock price is still significantly below the 5-day, 10-day, 20-day, 30-day, and 60-day moving averages, and even further below the 120-day and 250-day moving averages, so structurally, it remains weak. In other words, 160 yuan is not completely out of reach, but the prerequisite is to first stabilize at 149 to 150 yuan, then gradually reclaim 155.5 yuan and 160 yuan; otherwise, the current situation is still just a technical rebound within a weak trend.
Yes@Lucky Dingdang as @招財叮當 said, 'It's starting to wear people down again,' which is actually very fitting. The most obvious characteristic of Pop Mart’s current trend is not another sharp drop, but after the decline, it moves sideways and consolidates at lower levelsThis kind of pattern is the easiest to make people anxious because it seems like the price can't fall further, but it also takes a long time to rise. From the chart perspective, the current share price is mainly oscillating between NT$149 and NT$155.5, which belongs to typical low-level volatility. If this fluctuation is to be transformed into a more complete rebound, the share price must at least continuously hold above NT$150, and break through NT$155.5. Otherwise, the market will continue to define it as 'bottom grinding after a decline' instead of 'regaining strength'.
Yes@Yang, the troubled teenager with a bad stomach said, 'I've already sold; waited for 10 days with no rebound, my patience has run out,' and another user feels 'other stocks are rising, can today bring some momentum?' Such feelings of disappointment are completely understandable. The issue with Pop Mart is not just about falling, but rather @@Faye時會It's perfectly understandable to feel, "Everyone else is up—can't we at least get a little boost today?" After all, the issue with Pop Mart isn't just that its stock has fallen; it's that…The rebound after the drop was noticeably weaker than the market expected. Looking at the chart, every recent attempt to move upward has quickly encountered resistance around the 155 yuan level , indicating that current buying is mainly focused on defending the lower levels rather than aggressively chasing higher prices. This is also why the market finds it 'frustrating'—there is support, but it’s only sufficient to prevent sharp declines and not enough to drive a meaningful rebound.
Yes@@股神不惑 That feeling of trading frustration where the price drops after you buy and rises after you sell often occurs with highly volatile stocks. This is because Pop Mart is currently in an awkward technical position: It's not far from its lowest point, which easily creates the impulse to try and catch the bottom; however, the overhead resistance is dense, meaning any short-term bounce may quickly run out of steam. Therefore, if you're planning a trade now, the most important thing isn't to guess whether it will suddenly spike, but to look at two factors: First,whether the 149.10 yuan to 150 yuan support holds; Second,whether there is the ability to break above 155.5 yuan.
Yes@Cai010313When discussing derivatives and expiration strategies, and @Value Investing Learner mentioned 'A prolonged consolidation often leads to a drop unless there’s continuous accumulation,' which holds more relevance on the current chart. If a stock remains range-bound for an extended period without significant upward volume, the market will naturally worry that this consolidation reflects a weak pause rather than accumulation preparing for a rise. However, Pop Mart isn’t in a completely pessimistic situation yet, as the low at 140.10 yuan hasn’t been breached again, indicating buying support at lower levels. In other words, the current situation isn’t outright bearish; instead, it should be acknowledged as being in a transitional phase where 'if support holds, it can slowly recover, but if it doesn’t hold, it may test new lows.'
Yes@A Mid-Aged Leek predicted 'a target of 100 by the end of Q2,' reflecting lingering market skepticism. Based purely on the daily chart right now, I wouldn’t immediately expect a retreat to 100 since the price is still holding around the Low of 140 yuanThere is short-term support established above; however, I wouldn't say a bottom has been reached just yet. A more reasonable view is: as long as NT$149 to NT$150 holds, the short-term can be seen as stabilizing at lower levels; if it breaks down, then look towards NT$145 and even NT$140.10 nearby, at which point market expectations of a deeper pullback will start to rise again.
As for @Dennis Cheng7 The emotional cries of 'buy now' from @Dennis Cheng7, and those who think the valuation and position are unreasonable like free money, these kinds of voices are very common in deeply fallen stocks, but for now, it's still important to differentiate: @@txxdA significant drop does not necessarily mean an immediate rise.Pop Mart has indeed fallen a lot from its high, but technically it has not reclaimed any key medium- or short-term moving averages. Therefore, the more reasonable conclusion at this time is not that it will definitely fall further, nor that it can be confidently bought now, but rather First, consider 150 yuan as the defensive level and 155.5 yuan as the preliminary rebound confirmation level.
From a technical standpoint, the immediate short-term support level is seen at 149.10 yuan, then at 145 yuan, with stronger support below at the recent important low of 140.10 yuan. The nearest resistance is at 155.50 yuan, then at 160 yuan, followed by 167 yuan to 177 yuan A relatively important medium- and short-term resistance zone. This represents the clearest watershed at present:The 150-yuan level is the short-term defensive line, 155.5 yuan is the rebound confirmation line, and 160 yuan is the first major threshold for whether sentiment can significantly improve.
$POP MART (09992.HK)$ Yesterday, the stock briefly fell below the key 150 yuan level, raising concerns about the effectiveness of short-term support. However, a strong rebound occurred in early trading today, with the maximum gain reaching 7%. The latest price was 162.1 yuan, and the intraday high reached 162.8 yuan, successfully staying above the 5-day moving average of 154.83 yuan. The short-term trend quickly recovered from yesterday's downturn. Regarding@7528135 When asking 'Is 150 yuan cheap or expensive?' the most practical answer at this stage is not purely about valuation but rather about structure. This is because, from the daily chart, Pop Mart had previously dropped sharply from its peak at 274.20 yuan and later plunged to as low as 140.10 yuan, only recently stabilizing temporarily around 150 yuan . This indicates that although the current price is much lower than the peak, technically it has not fully bottomed out yet, so The current price of 150 yuan feels more like a lower-range tug-of-war zone rather than a confirmed safe zone.In other words, this price level may not necessarily be considered high for the long term, but for the short term, it still belongs to the category of 'observable, but not to be quickly regarded as a solid bottom'. Yes@@死奶仔 The question 'If it rises back to 160, will it happen?', and @This time it’s my turn to step into the spotlight. That kind of contradictory mindset where one moment you want to switch positions, and the next you feel there’s a higher probability of downside, actually reflects the truth about the current market situation. Because Pop Mart does have potential for a rebound now, after all, 150 yuan This position has been temporarily defended, and the RSI is approximately 36, which is better than when it was at its weakest...
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Reminder: This article does not constitute any investment advice.
This article is for reference only and does not constitute any investment advice. The market data, opinions, and analysis contained herein may change at any time without prior notice. We are not responsible for any loss or damage caused by reliance on the information in this article. Technical analysis only shows whether certain technical conditions are met; a comprehensive assessment of asset performance should be conducted using additional data. Decisions to trade should not be based solely on this article. Please note that past performance is not indicative of future results.
#HongKongStocks #RealTimeAnalysis #WarrantsSelection #WarrantsStrategy #DerivativesHedging #HongKongWarrantsJenny #PopMart #09992 #NewConsumptionStocks$Hang Seng Index (800000.HK)$$Hang Seng TECH Index (800700.HK)$
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