Mixue Group short-term strategy: Defend at 318, wait for confirmation of a breakout above the 359 resistance

$MIXUE GROUP (02097.HK)$ Mixue Group short-term strategy: Defend at 318, wait for confirmation of a breakout above the 359 resistance

As of March 24, 2026, Mixue Group (02097) traded at 345, up 6.94%, with a turnover of 129 million, indicating a slight recovery in market trading activity. From a technical perspective, after retreating from its post-IPO high, the stock recently found support near the 300 level, triggering a technical rebound.

The short-term moving average MA10 is at 335.7 yuan, close to the current price, while MA30 and MA60 are located at 355.58 yuan and 387.76 yuan respectively, forming overhead resistance, reflecting that the mid-term trend remains weak.

Based on multiple technical indicators, the system has issued a 'buy' signal with a strength of 9. Multiple oscillation indicators such as the Stochastic Oscillator have issued a 'buy signal,' and both the CCI indicator and Rate of Change indicator show 'oversold, possible bottoming out, buy,' reflecting a technical rebound demand after a sharp short-term decline. However, the MACD signal shows 'sell,' and the bull-bear power indicator also indicates 'sell,' showing that the overall structure has not yet fully strengthened.

According to technical analysis data, short-term support levels are at 318 yuan and 304 yuan, while resistance levels are located at 359 yuan and 376 yuan. The probability of an upward movement is 53%, with a 5-day volatility of 11.7%, indicating higher stock price volatility.

Combining technical analysis with market conditions, Mixue Group is currently in an oversold rebound phase, testing the support level at 318 yuan and the resistance level at 359 yuan. Investors who believe the stock price can stabilize at this level and initiate further rebounds may consider deploying call warrants. Below is an analysis of several warrant products with clear terms, whose exercise prices are closely related to technical resistance levels:

For bullish deployment, there are three call warrants available in the market with similar exercise prices, all around 468 yuan, significantly higher than the second resistance level at 376 yuan, representing a clear out-of-the-money structure, reflecting investors' expectations for a continued medium-term rebound:

Citic Call Warrant (25329) $CIMIXUE@EC2610A.C (25329.HK)$ Exercise price 468.00 yuan, effective leverage 3.25 times, premium 48.12%, street ratio only 0.37%, last trading day October 26, 2026. Its advantage lies in an extremely low street ratio, highly concentrated chips, and price movements better reflecting underlying stock changes, suitable for investors confident in a rebound.

HSBC Call Warrant (25574) $HSMIXUE@EC2610A.C (25574.HK)$ Exercise price 468.22 yuan, effective leverage 3.46 times, premium 46.87%, street ratio 1.38%, last trading day October 16, 2026. Its advantage is higher effective leverage and the lowest premium among the three, providing better leverage efficiency and cost-effectiveness.

Societe Generale Call Warrant (26352) $SGMIXUE@EC2610A.C (26352.HK)$With a strike price of 468.22 yuan, effective leverage of 3.53 times, premium of 46.43%, and a street ratio of 0.34%, the last trading day is October 16, 2026. Its advantage lies in having the highest effective leverage among the three, with the lowest implied volatility (69.561%), meaning time decay will erode value at a relatively slower rate, making it suitable for investors confident in a strong rebound and looking to minimize time decay.

The strike prices of these three products are all much higher than the current stock price, representing typical mid-term out-of-the-money positioning. Investors should note that if the stock price fails to break through resistance zones at 359 yuan and 376 yuan and extend its upward momentum, time decay will gradually erode returns. When choosing products, one can balance leverage, premium, and street distribution based on their assessment of the strength of the rebound.

Overall, Mixue Group is at a critical juncture for a short-term oversold rebound. Investors should use 318 yuan as a short-term defensive level; if the stock price can stabilize and break through the 359 yuan resistance, it could potentially challenge 376 yuan. When selecting warrant products, due to the significant distance between the current stock price and the strike price, investors need to carefully evaluate time decay and the sustainability of the underlying stock's rebound.

Interactive Questions

Do you think Mixue Group (02097) can break through the 359 yuan resistance in the short term?

A. Yes, the oversold rebound is expected to continue.

B. No, limited rebound space under moving average pressure

Disclaimer: This article does not constitute any investment advice. It is for reference only and does not constitute any investment advice. Market data, opinions, and analyses contained herein may change at any time without prior notice. We are not responsible for any losses or damages caused by reliance on the information in this article. Technical analysis shows whether some technical conditions are met, but should be combined with other materials for comprehensive evaluation of asset performance. Trading decisions should not be based solely on this article. Note that past performance is not indicative of future results. Follow Jenny's HK Stock Warrants for more professional insights.

#Mixue Group #02097 #Technical Analysis #Support Level #Resistance Level #Warrants #Call Options #Consumer Stocks #Hong Kong Stock Warrants Jenny #Short-term Analysis

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