Hua Hong Semiconductor's short-term focus is on whether it can stabilize between 90 to 92 yuan; otherwise, be prepared for a retest below 87.5 yuan.

On the previous day (April 13), the stock closed at 89.10 yuan. The short-term trend remains a pullback after the rebound and has not truly strengthened yet. The stock price fluctuated between the 20-day moving average at 87.57 yuan, the 30-day line at 88.60 yuan, and the 60-day line at 95.97 yuan, reflecting that the rebound from the low of 77.40 yuan has returned to the mid-to-short-term moving average zone, but the pressure above has not been fully absorbed.

As of 10:52 AM today (April 14), Hua Hong's latest price is 91.55 yuan. First, look at whether it can stabilize between 90.00 to 92.00 yuan. If it can stabilize and break through 93.32 yuan, the rebound may extend towards 95.97 yuan. If it fails to hold above 90 yuan, then watch whether it can defend at 88.75 yuan and 87.56 yuan. Once these levels are breached, the trend could return to a volatile and weaker pattern.

For@erdong88 The statement 'tomorrow’s rebound to 90' and @鬼影迷踪 The question 'if it holds up, what’s the outlook?' — the most practical observation now is whether the range around 89 to 90 yuan can be stabilized again. From the chart perspective, after Hua Hong rebounded from the recent low of 77.40 yuan, it successfully rose for a period and even returned near 92 yuan, but failed to make further upward breakthroughs, indicating that although this rebound exists, its strength was insufficient to push the trend into a stronger uptrend. In other words, the current situation still resembles a consolidation phase within a rebound recovery rather than a comprehensive strengthening.

From the perspective of moving averages, the stock price is still entangled near the 5-day and 10-day lines, while the 20-day line is around 87.57 yuan, indicating that although there hasn't been a significant short-term weakening, it also hasn't broken free from fluctuations. More importantly, the 30-day line above is approximately at 88.60 yuan, the 60-day line further above is around 95.97 yuan, and the 120-day line is approximately at 86.34 yuan, creating a relatively dense technical tug-of-war zone near the current price. This structure typically implies that the market has not yet formed a consensus on direction, making it prone to frequent ups and downs in the short term rather than a smooth unilateral rise.

Therefore, for @戰神007 's "What's going on? So weak?", the issue may not be that Huahong has suddenly become terrible, but rather that after the stock rebounded to over 90 yuan, it began encountering dual pressures from previous trapped positions and short-term profit-taking. In other words, the current 'weakness' seems more like needing to re-digest selling pressure after the rebound, and doesn't necessarily mean an immediate structural downturn, though it also hasn’t proven ready to enter a new upward phase.

Yes@臻臻⋯Mentioning 92 as a level where one didn't exit, with a cost basis of 91 and regretting the drop, and @233254365 entering again at 91.9, this kind of holding mentality is actually quite typical for Huahong right now. Since the stock price is fluctuating between 89 and 92 yuan, not far from a clear breakout, but without truly forming a continued uptrend, it’s easy for holders to feel it’s “almost about to rise,” but they get disappointed again upon any pullback. From a technical perspective, if the stock can hold above 88.75 yuan and regain the 90 to 92 yuan range, these positions still have a chance to wait for a continuation of the rebound; however, if support near 88 yuan breaks down, one should be cautious of renewed weakness, which could lead to a retest of 87.5 yuan or even lower levels.

As for @232762857 mentioning selling at 95 and waiting to buy back at 80, this approach has its logic because the 92 to 95 yuan range is indeed a major resistance area for Huahong. Even after rebounding from 77.40 yuan, the stock has yet to successfully reclaim higher moving averages and previous dense trading zones, indicating that the 95 yuan area remains a key resistance point. However, looking directly back at 80 yuan now might not be necessary yet, since 77.40 yuan was the recent obvious low, and the 87 to 88 yuan zone still represents the first important support level at this stage. In other words, a more reasonable view currently isn’t to assume an immediate drop back to 80 yuan, but rather to see if 88 yuan can hold first.

Regarding @231706980 asking when 104.6 will return to its former glory, the answer remains relatively pragmatic at this point. Based on the daily chart, Huahong is still in the recovery phase following a rebound from its lows. Although it has clearly recovered from the 77.40 yuan low, it remains quite far from 104.6 yuan. If it can stabilize between 88 and 90 yuan, then gradually reclaim 92 yuan and 95 yuan, there would be conditions to look towards 98 to 100 yuan. In other words, returning to past highs isn’t entirely out of the question, but it’s still too early to talk about in the short term. What needs to be addressed now is the technical resistance zone between 89 and 95 yuan.

For @32660390 mentioning strong chip demand and upcoming price increases, and @水若寒 believing Huahong could become the "second SMIC," plus @可惡了。你的爸 saying “SMIC rises 5%, you only get 1%,” these views all point to the same question: whether Huahong can translate sector benefits into sustained stock price outperformance. From a sector sentiment perspective, the semiconductor theme does still have support, but Huahong’s movement hasn’t yet shown a comprehensive breakout like the strongest semiconductor stocks. It currently seems more like following the sector's stabilization, but individual stock performance is still constrained by technical resistance. Therefore, for the market to rebuild stronger confidence in Huahong, it’s not just about sector stories—it requires seeing the stock price stabilize above 90 yuan, reclaim 92 yuan, and potentially challenge 95 yuan.

From a technical rhythm perspective, the short-term watershed for Huahong Semiconductor is quite clear. Below, the immediate focus is the intraday low at 88.75 yuan, followed by the 20-day line near 87.57 yuan, and then attention should be paid to buying support near 86.34 yuan. Above, resistance starts at the psychological level of 90 yuan, then 92 yuan, and finally the more significant rebound resistance zone between 95 and 96 yuan. As long as there’s no effective breakout through the 92 to 95 yuan range, it should be viewed as a consolidation within a corrective rebound; conversely, if it can stabilize above 90 yuan and break through 92 yuan later, the overall recovery structure would have a chance to continue.

Overall, Huahong Semiconductor cannot be considered completely weakened, but it’s far from confirming a renewed strengthening phase. For short-term investors, the key isn’t emotionally thinking “it will bounce after falling so much” or “the sector being good means guaranteed gains,” but rather observing if the stock can hold steady in the 88 to 90 yuan range and reclaim 92 yuan. A reasonable conclusion at this stage is that Huahong is still in a recovery trend, but before breaking through 92 to 95 yuan, it should be treated as a rebound consolidation. If support near 88 yuan fails, caution against a failed recovery turning weaker is warranted.

At this stage, it’s suitable to separate into two strategies: one is to follow after stabilizing above resistance, and the other is to prepare for weakness if support fails.

Strategy One: If the price stabilizes between 90 and 92, and breaks above 93.32, consider deploying call options accordingly.

Issuer Code Call/Put Strike Price Actual Leverage Price

$UBHUAHO@EC2608A.C (24990.HK)$ Call 140.09 4.3x 0.052

$UBHUAHO@EC2604A.C (16670.HK)$ Call 42.55 1.7x 0.980

$HSHUAHO@EC2606B.C (21238.HK)$ Call 98.47 6.3x 0.114

This set belongs to a momentum strategy after a breakout. 21238 has higher leverage and is suitable for aggressive momentum trading if the stock price successfully stabilizes above 92. 24990 is a medium-to-high leverage option; 16670, being deeper in-the-money, will exhibit relatively less sharp movements but offers more stable flexibility.

Strategy Two: If it breaks below 88.75 and 87.56, consider deploying put options with a bearish bias.

Issuer Code Call/Put Strike Price Actual Leverage Price

$HSHUAHO@EP2611A.P (25502.HK)$ Put 89.95 1.8x 0.196

$BIHUAHO@EP2607C.P (25020.HK)$ Put 88.00 3.1x 0.234

$CTHUAHO@EP2607A.P (25315.HK)$ Put option 87.95, 3.1x leverage, 0.233

This set is more suitable for use when the stock price weakens again. 25502 is closer to the current price, offering relatively stable performance; 25020 and 25315 have higher leverage, making them more suitable for betting on an accelerated decline after support is broken.

For more market analysis, stay tuned to Jenny's daily updates on 'Hong Kong Stock Warrants'!

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.

#HKStocks #HuaHong #Real-TimeAnalysis #WarrantPick #WarrantGuide #DerivativesHedging #HKWarrantJenny #Blue-ChipStocks #TechnicalAnalysis

29K Views