SUNNY OPTICAL(HK:02382) Ge Long Hui·2025-06-28 02:38Core Viewpoint - Sunny Optical Technology (02382.HK) shows a strong technical trend in the Hong Kong stock market, with various indicators signaling a "strong buy" status despite a slight recent decline in stock price [1][7]. Technical Analysis - As of June 26, the stock closed at HKD 68.2, reflecting a minor drop of 0.29%, yet it remains in a strong consolidation range with a trading volume of HKD 636 million, indicating sustained market interest [1]. - The stock price is currently above three major moving averages: 10-day at HKD 65.62, 30-day at HKD 63.77, and 60-day at HKD 64.7, suggesting a bullish structure [3]. - The stock is approaching a resistance zone between HKD 69.7 and HKD 72.6, and a successful breakout could lead to a new upward wave [3][15]. - The overall technical assessment yields a "strong buy" rating with a strength score of 16, indicating robust market momentum and technical structure [6][7]. Market Sentiment and Indicators - Short-term oscillators like the Williams and Stochastic indicators show "overbought" and "sell" signals, suggesting potential short-term adjustments, but these are typically minor corrections within an upward trend [6]. - The RSI is at 62, indicating a healthy range without excessive overheating, while momentum indicators also signal buying opportunities [6][7]. Investment Products - Various leveraged products are available for investors looking to amplify returns, including HSBC's bull certificate (62472) which achieved a remarkable 56% increase with a leverage effect of nearly 12 times [1]. - Other options include callable warrants and bull certificates from different issuers, with varying leverage and premium levels, suitable for both medium and short-term strategies [7][10]. Conclusion - As Sunny Optical approaches the technical resistance level of HKD 69.7, a breakout could open further upside potential towards HKD 72.6 or higher, presenting a favorable deployment opportunity for investors [15].