Core Viewpoint - Alibaba Pictures (stock code: 01060) shows strong market momentum and speculative sentiment despite a 5.33% drop on May 22, 2025, closing at HKD 0.71, with overall technical indicators remaining positive and rated as "strong buy" [1] Technical Analysis - Current support levels are at HKD 0.497 and HKD 0.590, which have provided solid support in past tests, while resistance levels are at HKD 0.844 and HKD 0.923. The closing price is above the support levels, indicating potential for upward movement if market sentiment improves [2] - Moving averages for 10-day, 30-day, and 60-day are at HKD 0.55, HKD 0.51, and HKD 0.50 respectively, all below the current price of HKD 0.71, indicating a bullish trend with strong upward momentum [2] - Trading volume reached HKD 797 million, reflecting active market participation, with a 5-day volatility of 48.6%, suggesting a strong speculative trading environment [2] Technical Indicators - The RSI value is at 83, indicating an overbought condition, suggesting potential short-term adjustment pressure, but also confirming strong upward momentum. The overall technical indicators are rated as "strong buy" with a score of 18, the highest level in the current system [3] - Various signals indicate a mixed outlook: while the RSI and Williams indicators suggest overbought conditions, the CCI has issued a sell signal, indicating possible market overheating. However, the psychological line indicator gives a buy signal, and other indicators like MACD and Ichimoku also show buy signals [5] - The overall analysis suggests that Alibaba Pictures is in a clear upward technical channel, with multiple indicators issuing buy signals. However, caution is advised due to high RSI and CCI sell signals, indicating potential short-term fluctuations, especially when approaching the resistance level of HKD 0.844 [5]