Core Viewpoint - The stock price of Ganfeng Lithium (01772) has risen approximately 5% to 39.46 HKD, driven by a recovery in lithium prices, but technical indicators show signs of overbought conditions, creating a tug-of-war between cyclical rebounds and overbought pressures [1][4]. Technical Analysis - The current price of 39.56 HKD is above all moving averages (MA10: 35.84 HKD, MA30: 33.54 HKD, MA60: 30.50 HKD), indicating a clear short-term upward trend supported by a stable recovery in lithium prices [4]. - Key resistance level is at 42 HKD; if broken, it could open up further upward movement, while failure to break could lead to a pullback to the support level of 35.9 HKD [5][4]. Support and Resistance Levels - The first support level is at 35.9 HKD, which is close to MA10 and serves as a potential buying point for cyclical funds; if this level is breached, the next support at 33.1 HKD will be tested [5]. - The first resistance level is at 42 HKD, with a potential move towards 44 HKD if this level is surpassed [5]. Product Performance - The recently mentioned Macquarie call warrant (18261) has shown a 6% increase, highlighting its low premium and stable implied volatility, making it a solid choice for cyclical stocks [5][6]. - Two selected call warrants have distinct advantages: Macquarie's warrant offers a leverage of 3.4 times with an exercise price of 41.772 HKD, while JPMorgan's warrant offers a leverage of 2.1 times with an exercise price of 41.79 HKD, catering to different risk appetites among investors [8][9].
贛鋒鋰業急升 衝 40 元！超買夾頂背離，窩輪產品邊款啱周期行情？