Technical Setup: POP MART Between Resistance and Support Before Earnings
POP MART ( $POP MART(09992)$ )
– Earnings Catalyst: POP MART is set to report earnings soon, which could be the trigger for the next decisive move.
– Resistance Zone: Price faces resistance around 287. A strong earnings beat could see a breakout above this level, opening the path toward retesting recent highs near 293–300.
– Support Zone: Immediate support is at 260. If earnings disappoint, a break below 260 could expose further downside risk.
– Trend Structure: The stock has been consolidating between these two levels, awaiting a catalyst. Volume and momentum indicators suggest a buildup ahead of the earnings release.
Using DLCs for Short-Term Trading
Long DLCs (e.g. $Popmart 5xLongSG270706(IAUW.SI)$ ):
– Suitable if earnings surprise positively and price breaks above 287.
– Leverage allows traders to amplify potential short-term upside.
Short DLCs ( $Popmart 5xShortSG270706(ZBTW.SI)$ ):
– If results fall short and the price breaks below 260, short DLCs can be used to capture potential downside.
Key Notes:
– DLCs are best suited for short-term, event-driven trades like earnings reactions.
Important to manage risk tightly due to leverage and volatility around earnings releases.
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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.
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.
