$Semiconductor Manufacturing I

Based on multiple technical indicators, SMIC currently faces strong resistance at 26.8. If it breaks through this level, the next target is around 28.8, while short-term key support lies at 24.4. If it falls below 24.4, the next support level will be 23.3.

Some investors believe SMIC's recent capital increase is favorable for its stock price, suggesting holding the stock could be a viable strategy. For those optimistic about SMIC, consider bull contracts with a knock-out price below the support level of 24.4. For instance:

- UBS Bull 54428: Knock-out price at 24, leverage of 8.61x.

- UBS Bull 55471: Knock-out price at 24, leverage of 4.87x (slightly less aggressive).

For bearish investors, bear contracts with knock-out prices around 33 may be of interest, such as:

- UBS Bear 57542: Knock-out price at 33, leverage of 4.53x.

- SocGen Bear 54530: Knock-out price at 34, leverage of 3.76x (slightly further out).

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Ah_Meng
12-01
Ah_Meng
Basically it has to break through 27.4 to stop its downtrend before it has a chance to revert up. Looking at the other technical indicators, they are mostly on the up, so I would put a strong bet that the downtrend will reverse into a new uptrend soon… I am staying bullish on SMIC based on those indicators… btw, why do you quote in China A-share while your price analysis is based on its HK price?
koolgal
12-03 11:26
koolgal
Thanks for sharing your valuable insights 😍😍😍

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If it breaks through this level, the next target is around 28.8, while short-term key support lies at 24.4. If it falls below 24.4, the next support level will be 23.3.Some investors believe SMIC's recent capital increase is favorable for its stock price, suggesting holding the stock could be a viable strategy. For those optimistic about SMIC, consider bull contracts with a knock-out price below the support level of 24.4. For instance: - UBS Bull 54428: Knock-out price at 24, leverage of 8.61x. - UBS Bull 55471: Knock-out price at 24, leverage of 4.87x (slightly less aggressive).For bearish investors, bear contracts with knock-out prices around 33 may be of interest, such as: - UBS Bear 57542: Knock-out price at 33, leverage of 4.53x. - SocGen Bear 54530: Knock-out price at 34, leverage of 3.76x (slightly further out).</body></html>","htmlText":"<html><head></head><body> <a data-mention-id=\"688981\" rel=\"noopener noreferrer\" class=\"teditor-mention\" data-mention-name=\"Semiconductor Manufacturing International Corporation\" target=\"_blank\" href=\"https://ttm.financial/S/688981\">$Semiconductor Manufacturing International Corporation(688981)$</a> Based on multiple technical indicators, SMIC currently faces strong resistance at 26.8. If it breaks through this level, the next target is around 28.8, while short-term key support lies at 24.4. If it falls below 24.4, the next support level will be 23.3.Some investors believe SMIC's recent capital increase is favorable for its stock price, suggesting holding the stock could be a viable strategy. For those optimistic about SMIC, consider bull contracts with a knock-out price below the support level of 24.4. For instance: - UBS Bull 54428: Knock-out price at 24, leverage of 8.61x. - UBS Bull 55471: Knock-out price at 24, leverage of 4.87x (slightly less aggressive).For bearish investors, bear contracts with knock-out prices around 33 may be of interest, such as: - UBS Bear 57542: Knock-out price at 33, leverage of 4.53x. - SocGen Bear 54530: Knock-out price at 34, leverage of 3.76x (slightly further out).</body></html>","text":"$Semiconductor Manufacturing International Corporation(688981)$ Based on multiple technical indicators, SMIC currently faces strong resistance at 26.8. If it breaks through this level, the next target is around 28.8, while short-term key support lies at 24.4. If it falls below 24.4, the next support level will be 23.3. Some investors believe SMIC's recent capital increase is favorable for its stock price, suggesting holding the stock could be a viable strategy. For those optimistic about SMIC, consider bull contracts with a knock-out price below the support level of 24.4. For instance: - UBS Bull 54428: Knock-out price at 24, leverage of 8.61x. - UBS Bull 55471: Knock-out price at 24, leverage of 4.87x (slightly less aggressive). For bearish investors, bear contracts with knock-out prices around 33 may be of interest, such as: - UBS Bear 57542: Knock-out price at 33, leverage of 4.53x. - SocGen Bear 54530: Knock-out price at 34, leverage of 3.76x (slightly further out).","highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/376212800118832","repostId":0,"isVote":1,"tweetType":1,"viewCount":171,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["688981"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":830,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":376952103227456,"commentId":"376952103227456","gmtCreate":1733050902055,"gmtModify":1733050906943,"authorId":4109324284357180,"author":{"id":4109324284357180,"idStr":"4109324284357180","authorId":4109324284357180,"name":"Ah_Meng","avatar":"https://community-static.tradeup.com/news/d97e00479f1ee9e647c7a76f8e8f4251","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.11.27","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":0,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.12.04","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"},"individualDisplaySort":0,"categoryType":2007}]},"repliedAuthorId":0,"objectId":376212800118832,"objectIdStr":"376212800118832","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Basically it has to break through 27.4 to stop its downtrend before it has a chance to revert up. Looking at the other technical indicators, they are mostly on the up, so I would put a strong bet that the downtrend will reverse into a new uptrend soon… I am staying bullish on SMIC based on those indicators… btw, why do you quote in China A-share while your price analysis is based on its HK price?","text":"Basically it has to break through 27.4 to stop its downtrend before it has a chance to revert up. Looking at the other technical indicators, they are mostly on the up, so I would put a strong bet that the downtrend will reverse into a new uptrend soon… I am staying bullish on SMIC based on those indicators… btw, why do you quote in China A-share while your price analysis is based on its HK price?","html":"Basically it has to break through 27.4 to stop its downtrend before it has a chance to revert up. 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