Chua Wei Ren: Meituan – bullish rebound getting stronger at the bottom

✍CGSi analyst Chua Wei Ren who specialises in short-term technical analysis has noted that $MEITUAN-W(03690)$’s price action shows strong bullish reversal at the bottom and its likely to embark on a mean reversion rebound. Read more to find out his key chart levels to watch out for: rfs.cgsi.com/api/download?file=2e251057-ed86-491e-a55b-daf650e35ce1

✳Warrant investors keen to trade on Wei Ren’s short-term technical view on Meituan may wish to consider the below trending Meituan call warrant:

Call $Meituan MB eCW260804(YWQW.SI)$ : https://warrants.com.sg/tools/livematrix/YWQW

🚫There is no Meituan put warrant available

*Trending warrants refer to the warrants quoted on the tightest spreads and highest liquidity

Note: Wei Ren and/or CGSi are independent of, and not affiliated with, Macquarie. Wei Ren’s view does not represent that of Macquarie’s and may contradict Macquarie Research’s viewpoint

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.

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Read more to find out his key chart levels to watch out for: rfs.cgsi.com/api/download?file=2e251057-ed86-491e-a55b-daf650e35ce1\n✳Warrant investors keen to trade on Wei Ren’s short-term technical view on Meituan may wish to consider the below trending Meituan call warrant:\nCall <a href=\"https://ttm.financial/S/YWQW.SI\">$Meituan MB eCW260804(YWQW.SI)$</a> : https://warrants.com.sg/tools/livematrix/YWQW\n🚫There is no Meituan put warrant available\n<img src=\"https://community-static.tradeup.com/news/43e157bea23ed8f21a37efa20ace0ade\" tg-width=\"800\" tg-height=\"800\">\n*Trending warrants refer to the warrants quoted on the tightest spreads and highest liquidity\nNote: Wei Ren and/or CGSi are independent of, and not affiliated with, Macquarie. 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