English
Back
Open Account
Pop Mart's stock has risen for several consecutive days! Labubu's annual sales exceed 100 million
港股窩輪Jenny
joined discussion ·

[Warrant Perspective] Pop Mart’s technical signals are conflicting; how should we strategically respond to the potential rebound?

On February 9, $POP MART (09992.HK)$
The stock showed active trading, closing at 257.2 yuan with a daily increase of 5.76%. The trading volume reached 5.338 billion yuan, showing a significant increase compared to previous levels, reflecting an increase in market attention.
From a breakdown of technical indicators, there is some divergence among the various signals, requiring careful analysis: after a significant rebound over nine days, the stock price is currently above the MA60 (206.77 yuan), indicating that the long-term moving average still provides support, but remains below the MA10 (234.04 yuan) and MA30 (208.94 yuan). In the short term, it has not broken through the pressure of medium- and short-term moving averages, which indicates a rebound that hasn’t stabilized above key moving averages.
On February 9, $POP MART (09992.HK)$ The stock showed active trading, closing at 257.2 yuan with a daily increase of 5.76%. The trading volume reached 5.338 billion yuan, showing a significant increase compared to previous levels, reflecting an increase in market attention. From a breakdown of technical indicators, there is some divergence among the various signals, requiring careful analysis: after a significant rebound over nine days, the stock price is currently above the MA60 (206.77 yuan), indicating that the long-term moving average still provides support, but remains below the MA10 (234.04 yuan) and MA30 (208.94 yuan). In the short term, it has not broken through the pressure of medium- and short-term moving averages, which indicates a rebound that hasn’t stabilized above key moving averages. The RSI index is 74, close to the overbought level, suggesting potential pullback pressure following the short-term rebound; the MACD indicator shows a buy signal, but the overall technical summary signal remains ‘sell’ with a strength of 8, meaning that even with a single-day rebound, the overall technical picture has not yet escaped a cautious pattern. On February 9, some consumer stocks rebounded simultaneously, but their overall technical outlook remains generally weak, with most stocks showing ‘sell’ or ‘strong sell’ signals. A detailed breakdown follows: 1、 $ANTA SPORTS (02020.HK)$ : Closing price at 82.60 yuan, up 2.55% for the day, breaking above the MA10 (79.24 yuan), but still constrained by the MA30 (80.04 yuan). The RSI is 61, and the overall technical signal is ‘neutral,’ making it one of the better-performing stocks today…
The RSI index is 74, close to the overbought level, suggesting potential pullback pressure following the short-term rebound; the MACD indicator shows a buy signal, but the overall technical summary signal remains ‘sell’ with a strength of 8, meaning that even with a single-day rebound, the overall technical picture has not yet escaped a cautious pattern.
On February 9, $POP MART (09992.HK)$ The stock showed active trading, closing at 257.2 yuan with a daily increase of 5.76%. The trading volume reached 5.338 billion yuan, showing a significant increase compared to previous levels, reflecting an increase in market attention. From a breakdown of technical indicators, there is some divergence among the various signals, requiring careful analysis: after a significant rebound over nine days, the stock price is currently above the MA60 (206.77 yuan), indicating that the long-term moving average still provides support, but remains below the MA10 (234.04 yuan) and MA30 (208.94 yuan). In the short term, it has not broken through the pressure of medium- and short-term moving averages, which indicates a rebound that hasn’t stabilized above key moving averages. The RSI index is 74, close to the overbought level, suggesting potential pullback pressure following the short-term rebound; the MACD indicator shows a buy signal, but the overall technical summary signal remains ‘sell’ with a strength of 8, meaning that even with a single-day rebound, the overall technical picture has not yet escaped a cautious pattern. On February 9, some consumer stocks rebounded simultaneously, but their overall technical outlook remains generally weak, with most stocks showing ‘sell’ or ‘strong sell’ signals. A detailed breakdown follows: 1、 $ANTA SPORTS (02020.HK)$ : Closing price at 82.60 yuan, up 2.55% for the day, breaking above the MA10 (79.24 yuan), but still constrained by the MA30 (80.04 yuan). The RSI is 61, and the overall technical signal is ‘neutral,’ making it one of the better-performing stocks today…
On February 9, some consumer stocks rebounded simultaneously, but their overall technical outlook remains generally weak, with most stocks showing ‘sell’ or ‘strong sell’ signals. A detailed breakdown follows:
1、 $ANTA SPORTS (02020.HK)$ : Closing price at 82.60 yuan, up 2.55% in a single day, breaking above the MA10 (79.24 yuan). However, it is still constrained by the MA30 (80.04 yuan), with an RSI of 61. The summary technical signal is 'Neutral,' making it one of the relatively better performers among its peers today from a technical perspective.
2、 $HAIDILAO (06862.HK)$ : Closing price at 17.68 yuan, up 1.84% in a single day. The stock price moved above both the MA10 (16.38 yuan) and MA30 (15.41 yuan), but the RSI reached 81, indicating an overbought condition. The summary technical signal is 'Strong Sell,' and caution is warranted for a potential technical pullback.
3、 $YIHAI INTL (01579.HK)$ : Closing price at 16.48 yuan, up 3.52% in a single day. The stock price moved above both the MA10 and MA30, with an RSI of 81, also in the overbought zone. The summary technical signal is 'Strong Sell,' with significant short-term pullback pressure.
4、 $JIUMAOJIU (09922.HK)$ 、 $TSINGTAO BREW (00168.HK)$ : These stocks experienced minor declines, with prices below both the MA10 and MA30. Technical indicators for these stocks show 'Strong Sell,' indicating a weak trend.
Overall Observation: Short-term rebounds in consumer stocks are often accompanied by RSI overbought conditions. Many stocks have not broken through the resistance of mid-to-long-term moving averages. Investors should focus on the divergence between stock prices and key moving averages, as well as the risk of pullbacks after being overbought, and avoid excessive optimism.
As of 9:43 AM today (the 10th), Pop Mart's latest price was 258.6 yuan, slightly up 0.54%. Resistance levels are concentrated at 276 yuan and 303 yuan. We have commented on Pop Mart in our [HK Stock Broadcast].February 9th [HKEX Podcast] Hang Seng Index, Pop Mart, SMIC, Zijin Mining, Meituan, HSBC Holdings：From a technical analysis perspective, the immediate resistance level for the stock price is around 276 yuan, which can be considered the dividing line between short-term strength and weakness. If it can break through effectively, the next resistance zone will shift to 303 yuan. Short-term support levels are 226 yuan and 206 yuan, with the 206-yuan level corresponding to the MA60, representing a strong support area. $Hang Seng Index (800000.HK)$$SMIC (00981.HK)$$ZIJIN MINING (02899.HK)$$MEITUAN-W (03690.HK)$$HSBC HOLDINGS (00005.HK)$
Review of Bull/Bear Warrants & Featured Products:
(1) Review of previous warrant and bull/bear products
Reviewing the Pop Mart-related warrant and bull products recommended on February 5, 2026, their performance over the past two days has been impressive, closely following the rise of the underlying stock and achieving good returns. The specific data is as follows:
1、 $UBPOMRT@EC2604C.C (22315.HK)$ : Gained 36% in two days, the highest increase in this review, significantly outperforming the underlying stock's two-day increase of 6.11%;
2、 $HS#POMRTRC2610B.C (61879.HK)$: Up 30% in two days, demonstrating robust performance with full leverage effect;
3、 $SG#POMRTRC2609D.C (61375.HK)$ 、 $BIPOMRT@EC2604B.C (22285.HK)$: Gains of 25% and 31% respectively after two days, both achieving solid investment returns.
On February 9, $POP MART (09992.HK)$ The stock showed active trading, closing at 257.2 yuan with a daily increase of 5.76%. The trading volume reached 5.338 billion yuan, showing a significant increase compared to previous levels, reflecting an increase in market attention. From a breakdown of technical indicators, there is some divergence among the various signals, requiring careful analysis: after a significant rebound over nine days, the stock price is currently above the MA60 (206.77 yuan), indicating that the long-term moving average still provides support, but remains below the MA10 (234.04 yuan) and MA30 (208.94 yuan). In the short term, it has not broken through the pressure of medium- and short-term moving averages, which indicates a rebound that hasn’t stabilized above key moving averages. The RSI index is 74, close to the overbought level, suggesting potential pullback pressure following the short-term rebound; the MACD indicator shows a buy signal, but the overall technical summary signal remains ‘sell’ with a strength of 8, meaning that even with a single-day rebound, the overall technical picture has not yet escaped a cautious pattern. On February 9, some consumer stocks rebounded simultaneously, but their overall technical outlook remains generally weak, with most stocks showing ‘sell’ or ‘strong sell’ signals. A detailed breakdown follows: 1、 $ANTA SPORTS (02020.HK)$ : Closing price at 82.60 yuan, up 2.55% for the day, breaking above the MA10 (79.24 yuan), but still constrained by the MA30 (80.04 yuan). The RSI is 61, and the overall technical signal is ‘neutral,’ making it one of the better-performing stocks today…
Friendly reminder: Warrants and bull/bear products have expiration attributes and leverage risks; previous gains do not represent future performance. Investors should rationally participate based on their risk tolerance.
(2) Warrant Product Selection:
Based on Pop Mart's technical trends and support/resistance levels, we’ve selected two products with different characteristics for investors' reference:
1、 $JPPOMRT@EC2606C.C (25131.HK)$: Leverage 4.6x, strike price 306.08 yuan. Product features: Relatively low premium, reasonable leverage, suitable for investors optimistic about Pop Mart breaking through the 276-yuan resistance level and moving towards 303 yuan. It allows leveraging upward opportunities while being mindful of pressure near the strike price.
2、 $BIPOMRT@EP2604A.P (21876.HK)$: Leverage 7x, strike price 209.8 yuan. Product features: Lowest premium and implied volatility among similar products currently available, relatively high leverage. Suitable for investors who believe Pop Mart will struggle to break through resistance and may retreat to support levels, helping hedge short-term pullback risks with relatively good cost-effectiveness.
On February 9, $POP MART (09992.HK)$ The stock showed active trading, closing at 257.2 yuan with a daily increase of 5.76%. The trading volume reached 5.338 billion yuan, showing a significant increase compared to previous levels, reflecting an increase in market attention. From a breakdown of technical indicators, there is some divergence among the various signals, requiring careful analysis: after a significant rebound over nine days, the stock price is currently above the MA60 (206.77 yuan), indicating that the long-term moving average still provides support, but remains below the MA10 (234.04 yuan) and MA30 (208.94 yuan). In the short term, it has not broken through the pressure of medium- and short-term moving averages, which indicates a rebound that hasn’t stabilized above key moving averages. The RSI index is 74, close to the overbought level, suggesting potential pullback pressure following the short-term rebound; the MACD indicator shows a buy signal, but the overall technical summary signal remains ‘sell’ with a strength of 8, meaning that even with a single-day rebound, the overall technical picture has not yet escaped a cautious pattern. On February 9, some consumer stocks rebounded simultaneously, but their overall technical outlook remains generally weak, with most stocks showing ‘sell’ or ‘strong sell’ signals. A detailed breakdown follows: 1、 $ANTA SPORTS (02020.HK)$ : Closing price at 82.60 yuan, up 2.55% for the day, breaking above the MA10 (79.24 yuan), but still constrained by the MA30 (80.04 yuan). The RSI is 61, and the overall technical signal is ‘neutral,’ making it one of the better-performing stocks today…
On February 9, $POP MART (09992.HK)$ The stock showed active trading, closing at 257.2 yuan with a daily increase of 5.76%. The trading volume reached 5.338 billion yuan, showing a significant increase compared to previous levels, reflecting an increase in market attention. From a breakdown of technical indicators, there is some divergence among the various signals, requiring careful analysis: after a significant rebound over nine days, the stock price is currently above the MA60 (206.77 yuan), indicating that the long-term moving average still provides support, but remains below the MA10 (234.04 yuan) and MA30 (208.94 yuan). In the short term, it has not broken through the pressure of medium- and short-term moving averages, which indicates a rebound that hasn’t stabilized above key moving averages. The RSI index is 74, close to the overbought level, suggesting potential pullback pressure following the short-term rebound; the MACD indicator shows a buy signal, but the overall technical summary signal remains ‘sell’ with a strength of 8, meaning that even with a single-day rebound, the overall technical picture has not yet escaped a cautious pattern. On February 9, some consumer stocks rebounded simultaneously, but their overall technical outlook remains generally weak, with most stocks showing ‘sell’ or ‘strong sell’ signals. A detailed breakdown follows: 1、 $ANTA SPORTS (02020.HK)$ : Closing price at 82.60 yuan, up 2.55% for the day, breaking above the MA10 (79.24 yuan), but still constrained by the MA30 (80.04 yuan). The RSI is 61, and the overall technical signal is ‘neutral,’ making it one of the better-performing stocks today…
Pop Mart is rebounding. Do you think it can break through the resistance level of 276 yuan? A. Yes, the rebound momentum is strong. B. No, it will fall back to the support level.
Come share your thoughts in the comment section.
For more analysis, be sure to follow Jenny's daily updates on "HK Stock Warrants"!
Disclaimer: 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 #ConsumerStocks #TechnicalAnalysis
Risk Disclaimer: The above content only represents the author's view. It does not represent any position or investment advice of Futu. Futu makes no representation or warranty.Read more
Thumbs Up
2
648K Views
Report
Comment (1)
Write a Comment...
1
2
3