$POP MART(09992)$ The short-term MA are below the long term MA, confirming a bearish trend. MACD is still negative, but histogram shows a slowing bearish momentum. Some days suggest strong institutional trading activity with frequent short bursts of buying and participation remains evaluated with volume. Morgan Stanley maintains a target price of HKD 382 for the company, with an Overweight rating. Will price rebound if 200 – 210 continiues to hold positivity? Worth the try.
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