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港股窩輪Jenny
wrote a post · May 11 14:39

CATL's rebound awaits confirmation, waiting to stabilize above the 30-day line

Today, CATL's share price closed at 660.6 yuan, up 1.46%, with a turnover of 1.829 billion yuan and a 5-day volatility of 6.1%. The short-term trend has shifted from a sharp decline to consolidation. Technically, the share price has moved back above the 10-day line (647.55 yuan) but remains below the 30-day line (658.73 yuan), indicating a phase of lower-level recovery. First support is at 630 yuan, second support at 579 yuan; first resistance at 698 yuan, second resistance at 749 yuan, with a 53% probability of an upward move. The RSI is at 54, neutral; Bollinger Bands and MACD remain bearish, but the bull-bear power indicator suggests 'possible bottoming out after oversold conditions,' reflecting that the rebound still needs confirmation.
On the news front, CLSA maintained its 'Outperform' rating today with a target price of HKD 820, showing optimism towards new technologies such as solid-state batteries. The Q1 earnings exceeded expectations with a 49% increase in net profit, driven by strong growth in energy storage and commercial vehicle businesses.
The short-term key lies in the range between USD 630 and USD 698. Holding above USD 630 could lead to a rebound, breaking through USD 698 may test USD 749; failing to hold USD 630 requires caution for a retest of USD 579.
Today, CATL's share price closed at 660.6 yuan, up 1.46%, with a turnover of 1.829 billion yuan and a 5-day volatility of 6.1%. The short-term trend has shifted from a sharp decline to consolidation. Technically, the share price has moved back above the 10-day line (647.55 yuan) but remains below the 30-day line (658.73 yuan), indicating a phase of lower-level recovery. First support is at 630 yuan, second support at 579 yuan; first resistance at 698 yuan, second resistance at 749 yuan, with a 53% probability of an upward move. The RSI is at 54, neutral; Bollinger Bands and MACD remain bearish, but the bull-bear power indicator suggests 'possible bottoming out after oversold conditions,' reflecting that the rebound still needs confirmation. In terms of news, CLSA maintained its 'Outperform' rating today with a target price of 820 Hong Kong dollars, optimistic about new technologies such as solid-state batteries. The Q1 earnings exceeded expectations, with net profit increasing by 49%, driven by strong growth in energy storage and commercial vehicle businesses. The short-term key lies in the range between 630 yuan and 698 yuan. Holding above 630 yuan could lead to a rebound, breaking through 698 yuan might test 749 yuan; if it falls below 630 yuan, a retest of 579 yuan should be anticipated. Warrant Product Review On May 6th, mentioned products performed as follows two days later: Societe Generale put warrant (28315) rose 6%, HSBC put warrant (27504) rose 8%, UBS Group bear certificate (60356) rose 9%, while the underlying stock fell 2.69% during the same period, successfully capturing the pullback. Warrant product recommendations The following products are analyzed based on a share price of 664 yuan. Bullish direction (hold above 630 yuan, test 698 yuan) - Bank of China...
Warrant Product Review
Products mentioned on May 6 showed performance two days later: Societe Generale put warrants (28315) rose 6%, HSBC put warrants (27504) increased by 8%, UBS Group bear certificates (60356) surged 9%, while the underlying stock fell by 2.69%, successfully capturing the pullback.
Today, CATL's share price closed at 660.6 yuan, up 1.46%, with a turnover of 1.829 billion yuan and a 5-day volatility of 6.1%. The short-term trend has shifted from a sharp decline to consolidation. Technically, the share price has moved back above the 10-day line (647.55 yuan) but remains below the 30-day line (658.73 yuan), indicating a phase of lower-level recovery. First support is at 630 yuan, second support at 579 yuan; first resistance at 698 yuan, second resistance at 749 yuan, with a 53% probability of an upward move. The RSI is at 54, neutral; Bollinger Bands and MACD remain bearish, but the bull-bear power indicator suggests 'possible bottoming out after oversold conditions,' reflecting that the rebound still needs confirmation. In terms of news, CLSA maintained its 'Outperform' rating today with a target price of 820 Hong Kong dollars, optimistic about new technologies such as solid-state batteries. The Q1 earnings exceeded expectations, with net profit increasing by 49%, driven by strong growth in energy storage and commercial vehicle businesses. The short-term key lies in the range between 630 yuan and 698 yuan. Holding above 630 yuan could lead to a rebound, breaking through 698 yuan might test 749 yuan; if it falls below 630 yuan, a retest of 579 yuan should be anticipated. Warrant Product Review On May 6th, mentioned products performed as follows two days later: Societe Generale put warrant (28315) rose 6%, HSBC put warrant (27504) rose 8%, UBS Group bear certificate (60356) rose 9%, while the underlying stock fell 2.69% during the same period, successfully capturing the pullback. Warrant product recommendations The following products are analyzed based on a share price of 664 yuan. Bullish direction (hold above 630 yuan, test 698 yuan) - Bank of China...
Warrant product recommendations
The following products are analyzed based on a stock price of USD 664.
Bullish direction (Hold above USD 630, test USD 698)
- BOC call warrants (28063), exercise price USD 788.5, leverage 4.8x, highest leverage and lowest implied volatility.
- Societe Generale call warrants (27729), exercise price USD 788.5, leverage 4.8x, identical terms, can serve as an alternative option.
Bearish direction (Retracement upon resistance or break below USD 630)
- Societe Generale put warrants (28315), exercise price USD 550.38, leverage 2.8x, lowest implied volatility.
- HSBC put warrants (27504), exercise price USD 551.38, leverage 2.8x, lowest premium.
Today, CATL's share price closed at 660.6 yuan, up 1.46%, with a turnover of 1.829 billion yuan and a 5-day volatility of 6.1%. The short-term trend has shifted from a sharp decline to consolidation. Technically, the share price has moved back above the 10-day line (647.55 yuan) but remains below the 30-day line (658.73 yuan), indicating a phase of lower-level recovery. First support is at 630 yuan, second support at 579 yuan; first resistance at 698 yuan, second resistance at 749 yuan, with a 53% probability of an upward move. The RSI is at 54, neutral; Bollinger Bands and MACD remain bearish, but the bull-bear power indicator suggests 'possible bottoming out after oversold conditions,' reflecting that the rebound still needs confirmation. In terms of news, CLSA maintained its 'Outperform' rating today with a target price of 820 Hong Kong dollars, optimistic about new technologies such as solid-state batteries. The Q1 earnings exceeded expectations, with net profit increasing by 49%, driven by strong growth in energy storage and commercial vehicle businesses. The short-term key lies in the range between 630 yuan and 698 yuan. Holding above 630 yuan could lead to a rebound, breaking through 698 yuan might test 749 yuan; if it falls below 630 yuan, a retest of 579 yuan should be anticipated. Warrant Product Review On May 6th, mentioned products performed as follows two days later: Societe Generale put warrant (28315) rose 6%, HSBC put warrant (27504) rose 8%, UBS Group bear certificate (60356) rose 9%, while the underlying stock fell 2.69% during the same period, successfully capturing the pullback. Warrant product recommendations The following products are analyzed based on a share price of 664 yuan. Bullish direction (hold above 630 yuan, test 698 yuan) - Bank of China...
Bull and Bear Certificates
- Bullish: UBS Group Bull Certificate (54758), recovery price at 630 yuan, leverage of 13.4x; HSBC Bull Certificate (54607), recovery price at 630 yuan, leverage of 14.3x (actual leverage is higher).
- Bearish: UBS Group Bear Certificate (53862), recovery price at 720 yuan, leverage of 6.2x with the lowest premium.
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Warm Reminder: This article does not constitute any investment advice. It 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 evaluation of asset performance should be made using other data, and trading decisions should not be based solely on this article. Please note that past performance is not indicative of future results. Follow HK Stocks Warrants Jenny for more professional insights.
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
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