To The Moon

$POP MART(09992)$ (HKEX) Cup and Handle Formation on 1-Hour Chart

• A potential cup and handle pattern is forming on the 1-hour chart, with the base near 234 HKD and neckline at ~270 HKD.

• This pattern typically signals bullish continuation if price breaks and holds above the neckline.

• Measured move target: ~306 HKD (270 neckline + 36 HKD height of cup).

How Traders Use DLCs for Short-Term Positioning

Bullish Scenario (Using Long DLCs):

• If price breaks above 270 with follow-through buying and strong candle close, long DLCs ( $Popmart 5xLongSG270706(IAUW.SI)$ )may be used to express a short-term bullish view.

• Long DLCs offer leveraged exposure but are best suited for short-term tactical trades.

• Risk management is essential due to leverage.

Bearish Scenario (Using Short DLCs):

• If price fails to break 270 or shows rejection patterns (e.g., bearish engulfing candle, failed breakout), short DLCs ( $Popmart 5xShortSG270706(ZBTW.SI)$ ) may be considered.

• Short DLCs allow traders to gain from potential downside.

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Disclaimer: 

This document is not an offer or solicitation to buy or sell, nor financial advice or recommendation for any investment product. This document has been published for general circulation only. 

This advertisement has not been reviewed by the Monetary Authority of Singapore. This post is sponsored by Societe Generale, Singapore Branch. The content of this article does not form part of any offer or invitation to buy or sell any daily leverage certificates (the “DLCs”), and nothing herein should be considered as financial advice or recommendation. The price may rise and fall in value rapidly and holders may lose all of their investment. Any past performance is not indicative of future performance. Investments in DLCs carry significant risks, please see dlc.socgen.com for further information and relevant risks. The DLCs are for specified investment products (SIP) qualified investors only.