Geely Auto is approaching the previous high resistance; after a strong consolidation, the next step will be to see if it can break through 25.62 yuan.

The full-day closing on April 13 was 24.94 yuan, with an intraday high of 25.62 yuan and a low of 24.70 yuan. The share price has been repeatedly moving upwards along the 5-day line recently and remains above multiple medium- and short-term moving averages, indicating an overall still-strong structure.

The most critical resistance above is at 25.62 yuan first; if it can effectively break through and stabilize above this level, there may be a short-term opportunity to push further towards 26 yuan. Below, the first support is seen at 24.70 yuan, followed by attention to the 24.30 yuan to 24.40 yuan region and the support near 23.70 yuan.

From the perspective of the trend structure, since rebounding from the low of 14.96 yuan, the share price has maintained an upward rhythm of higher highs. It is currently consolidating at a high level after a strong push and has not shown clear signs of weakness. However, due to the substantial short-term gains accumulated so far, the most important thing now is not to blindly chase prices but to observe whether it can hold steady above 24.70 yuan and break through 25.62 yuan, which would be the watershed for another potential short-term rally; if it fails to hold, one should be cautious about a more noticeable pullback before looking for new support levels downward.

For@Hzzzzzzzzz The target 'Seeking Close at 25' by , as well as @PatientValueInvestor's consistent optimism about breaking 26 and surpassing the previous high, both capture the market’s current key focus. This is because 25 yuan is not only a psychological round-number level, but also a confirmation threshold before this wave of the uptrend continues. If subsequently it can regain stability above 25 yuan and break through today’s high of 25.62 yuan, then the uptrend may have the opportunity to advance further, with the next target being 26 yuan or even challenging higher levels. However, if it cannot stabilize above 25 yuan, then caution is advised as the stock price might fluctuate around the high or experience a more pronounced technical pullback.

Looking at the overall structure, this phase of Geely Auto’s movement is still very strong. The stock price has been repeatedly pushed up from the earlier low of 14.96 yuan, and it is now clearly above the 5-day, 10-day, 20-day, 30-day, and 60-day moving averages, with the alignment of the moving averages also showing a typical bullish structure. This indicates that it is not a weak rebound but rather part of a sustained uptrend operating at higher levels. However, the issue lies here: the stronger the trend and the greater the accumulated gains, the closer it gets to a position where short-term overheating can easily occur. Currently, the RSI is approaching 91, and the stock price is very close to the upper Bollinger Band at 25.69 yuan, which means that while the stock can still rise in the short term, the pressure from profit-taking and consolidation will increase significantly if it continues to rise.

Therefore, regarding@最後一分鐘上車 Concerns about 'trading volume declining day by day' and @Albus PalazzoThe mention of worries like 'shrinking trading volume amidst continued rise' is indeed not without basis. In the later stages of an uptrend for a strong stock, if trading volume does not expand in tandem while the stock price keeps approaching the upper rail and round-number levels, it can easily make the market start to worry whether the momentum driving the rally is weakening. Of course, shrinking volume itself does not necessarily mean an immediate peak, as sometimes strong stocks may exhibit a reluctance to sell, but if the stock price fails to effectively break through 25.62 yuan afterward and trading volume does not improve, it becomes easier for high-level consolidation or even a pullback to lower support levels to occur.

Questions from @231825001 such as 'Will history repeat itself?', 'Is this a distribution phase?', and 'Didn’t they say there would be no resistance after breaking 25?' are all quite representative. This is because Geely Auto is currently in a position that easily creates divergence: on one hand, the major trend remains clearly bullish; on the other hand, after the stock price rose near 25 yuan, it has not yet achieved a real breakout with expanded trading volume. This makes the market start to doubt whether this is just a minor pullback before a breakout or the prelude to distribution at higher levels. Judging solely from the current chart, the former seems more likely — meaning the uptrend remains intact, but some digestion at higher levels is needed. The reason is that the stock price is still above the 5-day moving average around 24.39 yuan, and the 10-day moving average has moved up to 22.74 yuan, indicating that even if there is a short-term pullback, the overall trend has not been significantly disrupted.

Yes@Siu Man Chan The suggestion to 'either continue holding or sell half if you're already invested, but definitely don't buy now' is actually a fairly reasonable mindset at this stage. From a technical standpoint, Geely Auto isn't incapable of rising further, but the current price is no longer in a comfortable range for chasing. If you already hold the stock, a more rational approach would be to observe whether the 5-day moving average near 24.70 yuan and 24.39 yuan holds. If it holds, it suggests that after consolidating at higher levels, there could still be an opportunity to challenge new highs; if 24.39 yuan is breached, caution should be exercised as pullbacks may expand, and the next level to watch for support would be around 23.73 yuan. Therefore, for those who already have positions, the focus now is not blindly adding more, but watching whether the consolidation at higher levels evolves into a true weakening trend.

As for @233612426 asking 'What price to re-enter at?' and some market participants looking at 22 yuan, this question requires a layered analysis. If Geely Auto is only undergoing normal consolidation, there’s no need to immediately look for such deep pullbacks since 24.70 yuan and 24.39 yuan are already the first layer of support. If these levels hold, the stock price might quickly retest the 25-yuan level. Only if 24.39 yuan is clearly breached, or even the zone between 23.70 yuan and 23.30 yuan fails to hold, does the market need to start considering lower pullback targets. Therefore, rather than waiting for extremely deep prices right away, it's better to first observe whether this round of high-level consolidation will complete within nearby support zones.

Yes@高龄老股民The more cautious views expressed by @15404958 and @降龙之亢龙有悔 should not be ignored either. Since the stock price has reached this level, there is indeed a slightly overheated short-term feel, especially with the RSI already in the high range. If we subsequently see increasing upper shadows, failed breakouts, and lack of volume support, the market could easily interpret the current highs as signs of slowing momentum or even topping out. However, at this stage, the chart has not yet shown definitive confirmation of a trend reversal, as the stock price hasn’t fallen below key short-term moving averages, leaving open the possibility of high-level consolidation. A more accurate understanding would be that it’s not 'already peaked,' but rather entered the watershed between a continuing uptrend and profit-taking at higher levels.

As for @234124589 mentioning 'Can we hope for 30 yuan this time?', the answer now can be more optimistic than before, but it still needs to be analyzed in phases. If Geely Auto can first stabilize above 25 yuan and then break through 25.62 yuan, targeting 26 yuan becomes more reasonable; if it successfully surpasses 26 yuan afterward, the market will naturally start revisiting higher targets like 27.5 yuan or even 30 yuan. However, before reaching that point, the most important task at hand is to address resistance and consolidation around the 25-yuan mark, as prematurely discussing higher levels without stabilizing this key area risks being overly optimistic.

Overall, Geely Auto's major direction remains clearly bullish, with the uptrend not yet disrupted, but in the short term, it has reached a level where chasing based purely on sentiment is unwise. The 25-yuan to 25.62-yuan range is the breakout confirmation zone, while 24.70 yuan and 24.39 yuan are the first layers of immediate support; if these fail, attention should shift to the support near 23.7 yuan. At this stage, a more reasonable judgment is that Geely Auto is still undergoing high-level consolidation within a strong uptrend, but until 25 yuan is firmly stabilized, don’t assume it will rise straight up without resistance. If it can stabilize above 25 yuan and break through 25.62 yuan, the uptrend may advance toward 26 yuan or even higher.

Based on the above situation, the deployment can be divided into the following two main strategies:

Strategy One: If the stock stabilizes above 24.70 yuan and rises above 25.62 yuan again, consider deploying call warrants accordingly.

Issuer Code Call/Put Strike Price Actual Leverage Price Expiry Date

$UBGEELY@EC2606A.C (21015.HK)$ Call 24.770 6.5 0.204 2026-06-22

$BIGEELY@EC2606A.C (20970.HK)$ Call 24.770 6.9 0.193 2026-06-22

$HUGEELY@EC2606A.C (21112.HK)$ Call 24.770 6.5 0.207 2026-06-22

Strategy Two: If it breaks below 24.70, and further falls below the support zone of 24.30 to 24.40, consider deploying put warrants.

Issuer Code Call/Put Strike Price Actual Leverage Price Expiry Date

$UBGEELY@EP2610A.P (27780.HK)$ Put 16.990 4.4 0.070 2026-10-23

$MSGEELY@EP2610A.P (27667.HK)$ Put 16.990 4.6 0.064 2026-10-23

$CIGEELY@EP2610A.P (27436.HK)$ Put 17.000 4.3 0.073 2026-10-30

Overall, Geely Auto remains in a relatively strong pattern. The focus is not on how much the stock price has risen, but whether it can hold steady above 24.70 and truly break through 25.62. If the support holds firm and an upward breakout occurs, consider following the trend. If key support is breached, shift from momentum-chasing thinking to defense, and wait for pullbacks before observing the next rhythm.

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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.

#Hong Kong Stocks #Geely Auto #Real-time Analysis #Warrants Selection #Warrants Strategy #Derivatives Hedging #Hong Kong Warrants Jenny #Blue Chips #Technical Analysis

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