Kuaishou (1024) remains weak despite a rebound from its lows, with 48.192 yuan as the key short-term pivot point.

Kuaishou-W is currently trading at 47 yuan. After rebounding from the low of 44.200 yuan, the stock has stabilized temporarily. Although it has moved above the 5-day moving average, it remains constrained near the 10-day and 20-day moving averages, still showing a pattern of consolidation at lower levels without clear signs of strengthening. Observing investor commentary reveals significant market divergence: some investors have started discussing potential rounded bottoms, gap fill opportunities, and value-buying, believing the trend is gradually stabilizing; others remain bearish, thinking Kuaishou is prone to falling and unlikely to rise significantly, even expressing disappointment in the stock’s performance. This divergence reflects that the share price has not truly broken out of its weak state but is merely in a technical rebound phase following weakness.

Technically, 44.200 yuan remains the most important short-term threshold. As long as this level holds, there is still the possibility of consolidation at lower levels followed by another attempt at a rebound. However, the current price has yet to reclaim the middle Bollinger Band at 48.192 yuan, indicating limited strength in the short-term rebound and failing to confirm a transition from consolidation to genuine strength. The Relative Strength Index (RSI) stands at 48.971, showing only slight improvement in momentum without clear signs of strength. Thus, at this stage, the risk-reward ratio is neutral, making it more suitable to wait for further confirmation of the trend rather than prematurely assuming the reversal is complete.

From the focus of investor comments, the market currently revolves around three main questions: First, whether a bottom has been formed near 44.200 yuan; second, whether the inability of the stock price to rise significantly despite large inflows indicates continued heavy selling pressure; third, if there is a rebound, what level would signify a true improvement? Coupled with technical analysis, the answer still centers on the 48.192-yuan level. If the stock can stabilize above 44.200 yuan and break through 48.192 yuan, there may be a short-term opportunity to test 49.937 yuan, which could upgrade the rebound. However, if 44.200 yuan is breached again, it would indicate the continuation of a weak pattern, potentially leading to a retest of even lower levels. Overall, Kuaishou has not yet escaped its weak state, and the current rebound is merely technical; until a breakout occurs, caution should be exercised in short-term positioning.

Reviewing market investor perspectives:

@Wind Ox, indicating: The chart resembles a rounded bottom, stabilizing above the 20-day line with three days of positive patterns, looking to fill the gap

If it can truly stabilize and break through HKD 48.192, the rounded bottom rebound theory will be more convincing; for now, a breakout confirmation is still pending.

@Stock Rookie@股票小白仔, indicating: Should have left yesterday

Currently, it remains in a low-level consolidation rebound; although not completely weak, since it hasn’t turned strong yet, expect some fluctuations in the short term.

@Zizizhi@籽籽籽, indicating: Easy to fall, hard to rise; summarized by the word 'empty'

From the current technical trend, Kuaishou has indeed not shown a clear turnaround in strength; without breaking through HKD 48.192, the weaker pattern has not fully reversed.

Kuaishou-W (01024): Key strategy points: 44.200 as the watershed; if stabilized, consider deploying for a technical rebound. If it breaks through 48.192, there may be an opportunity to retest 49.937 in the short term. If it falls below 44.200 again, be cautious of continued weakness.

Strategy One | Breakout Momentum

27577 | Strike price 60.29 | Actual leverage 4.4x | Moderately out-of-the-money, suitable leverage. Ideal for following the upward momentum after a confirmed breakout above 48.192, capturing the transition from rebound to strength.

27538 | Strike Price 58.93 | Actual Leverage 4.6x | Closer to the 60 price level; if a breakout occurs and upward momentum accelerates, the response will be more direct, suitable for aggressive positioning.

27612 | Strike Price 60.29 | Actual Leverage 4.5x | Also a breakout type, but with balanced leverage and out-of-the-money range, ideal for alternative or incremental trend-following positions.

$UBKUASO@EC2611A.C (27577.HK)$$GJKUASO@EC2611A.C (27538.HK)$

Strategy Two | Deploy on Pullbacks After Holding Steady

27772 | Strike Price 50.88 | Actual Leverage 3.9x | UBS Group’s close-to-price option, better suited for accumulating slowly after the stock price stabilizes above 44.200, targeting a continued rebound.

29806 | Strike Price 48.93 | Actual Leverage 6.7x | Very close to current price levels; if the stock rebounds from support and accelerates upwards, it offers higher elasticity, making it suitable for short-term trading strategies.

28025 | Strike Price 53.528 | Actual Leverage 3.7x | Acceptable out-of-the-money range, more suitable for conservative positioning that prioritizes stability over aggressiveness.

$UBKUASO@EC2611B.C (27772.HK)$$BIKUASO@EC2607A.C (29806.HK)$$CIKUASO@EC2612A.C (28025.HK)$

Strategy Three | Reversal upon Breakdown

17479 | Strike Price 49.83 | Actual Leverage 2.1x | UBS Group put option, a relatively stable reversal setup, ideal for defensive positioning after confirming a breakdown below 44.200.

17395 | Strike Price 49.88 | Actual Leverage 2.2x | Higher proximity to current price levels; if the support is broken and weakness persists, suitable for following the initial pullback.

28110 | Strike Price 32.5 | Actual Leverage 4.1x | A more aggressive reversal product, suitable when expecting the decline to not only continue but also expand further.

$UBKUASO@EP2612A.P (17479.HK)$$CIKUASO@EP2612A.P (17395.HK)$$CIKUASO@EP2610A.P (28110.HK)$

Reminder: This article does not constitute any investment advice.

This article 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 only indicates whether certain technical conditions are met and should be used alongside other data for a comprehensive assessment of asset performance; trading decisions should not be made solely based on this article. Note that past performance is not indicative of future results. Follow Jenny’s HK warrants for more professional insights.

$Hang Seng Index (800000.HK)$ $Hang Seng China Enterprises Index (800100.HK)$ $Hang Seng TECH Index (800700.HK)$

133K Views