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
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