A century reversal more exciting than a movie - June 3-6 review

Time flies, and an ignorant child grows up overnight; the change in appearance within a year can be so significant.

Who could imagine that two of the most influential people in the world could turn against each other faster than flipping a book? Trump and Musk perfectly demonstrated what it means to "reverse the pig's belly"; $Tesla(TSLA.US) suddenly fell below a critical point. If it cannot close above 310 or higher, the chance of continued decline in the future is very high $XI2CSOPTSLA(7366.HK). Initially, Tesla's strong rise in November was all thanks to Musk's support for Trump's victory in the US presidential election. Now the rift between the two is definitely a negative sentiment for the market.

$Circle(CRCL.US) is definitely the most promising new stock recently, with impressive performance in both the Hong Kong and US stock markets. $NVIDIA(NVDA.US) continues to rise along the 10-day line, and if it successfully stands above 145 this week, there is a big chance to break the historical high $XL2CSOPNVDA(7788.HK). Unless it falls below 135 again, there is no opportunity for short positions $XI2CSOPNVDA(7388.HK). The earnings season shows that some US consumer stocks have sharply declined, $Lululemon(LULU.US) plummeted after earnings, and the company clearly warned that tariffs are affecting profits; it is definitely a wake-up call proving that tariffs have a significant impact on US retail consumption.

The Nasdaq 100 index remains strong, attempting to break through the range after hovering at a high level; temporarily, the 10-day line at 21,500 becomes a short-term key point, staying above this position indicates stronger bullish sentiment $Proshares UltraPro QQQ(TQQQ.US) $FL2CSOPNASDAQ(7266.HK). Unless it clearly falls below 20,900, there is no opportunity for hedging $Proshares UltraPro Short QQQ ETF(SQQQ.US).

In the Hong Kong stock market, pay attention to the significant decline in emerging consumer stocks $LAOPU GOLD(6181.HK) $BLOKS(325.HK) $MIXUE GROUP(2097.HK) $GUMING(1364.HK); according to observations, when the public is overly concerned about the relevant sector, it means the stock price is preparing to enter a mature stage. Even if $POP MART(9992.HK) is still above the rising trend line, be cautious as the chance of further slowing down is very high. Also, pay attention to the trend of electric vehicles entering a horizontal phase, $BYD COMPANY(1211.HK) has resistance at 410 to 413, let's see if it can attract some funds after the stock split on June 10. If not, it is likely to remain in a narrow range.

On the contrary, the trend of technology stocks can further improve. The relatively unpopular $KUAISHOU-W(1024.HK) shows potential for a breakthrough from the weekly chart level, possibly entering the second stage from the first stage, and the daily chart indicates a possible short-term rise. $BABA-W(9988.HK) still has an unclear trend, it must close above 118 for three consecutive days next week to successfully escape the downward crisis. $TENCENT(700.HK) is stronger than Alibaba, as long as it successfully stands above 525 or higher any day, there is a big chance to break this year's top and reach the next psychological level of 550 to 600. Originally thought that after the share placement $XIAOMI-W(1810.HK) would weaken, but recent chart patterns show a chance of narrowing volatility, with the upper breakthrough key point at 54.5 and the lower weakening key point at 49.5. Unless a clear signal appears, it remains on the watch list. $MEITUAN(3690.HK) has a big chance in the short term, but if it successfully stands above 145 or higher again, it can rebound to the next important level of 152.

The Hang Seng Index challenges the 23,800 position again, and the market is closely watching whether it can successfully challenge 24,000 points again. If it falls below 23,650 points any day in the future, there is a big chance of a pullback. Consider hedging deployment $HS#JDCOMRC2612F(61566.HK), with a defense position at 23,800 points. On the contrary, if it successfully stands above 23,900 or higher again, consider bullish deployment $恒指瑞銀八二牛 Z.C (58810.HK)$, with a defense position at 23,550.

Positions and Transactions

The reason for buying Heartbeat Company is that recently there is a clear focus on the mobile game sector, and this stock is one of the successful companies. The stock price has a very good setup, accompanied by a very good distribution of transactions.

$XI2CSOPTSLA(7366.HK)
A short position deployment for Tesla has been made, and the first step is still exploratory; as long as Tesla falls below 290 again, the downward trend is likely to continue.

Reflection
Several futures operations this week have been unsuccessful, and after reflection, it was found that the operations did not meet sufficient conditions. Why do different books unanimously mention the importance of self-discipline? The reason is that the market is almost the freest place: we can choose when to enter, when to exit, how much to buy, and how much to sell; we almost never encounter a freer moment in life. However, because of this characteristic, if we do not have a system and rules to regulate our behavior, our operations will become random. In other words, we almost lose our trading advantage. Without an advantage, it is like losing a ship in the vast ocean.

Deployment
Funds in the Hong Kong stock market have clearly rotated again; the emerging consumer sector has clearly seen capital outflows, and some semi-new stocks have also declined. However, as previously mentioned, the trend of pharmaceutical and biological stocks is very strong, and the previously mentioned $MEDLIVE(2192.HK) has also successfully shown a strong short-term horizontal pattern; this trend is expected to have a very strong upward trend as long as any day successfully praises $Coinbase(COIN.US) should be very careful if it falls below 239 any day, as it may reverse $XI2CSOPCOIN(7311.HK). The weekly chart is currently brewing a head and shoulders pattern, but it may take a little more time to complete the setup. Recently, in the interest rate cut cycle and the need for capital to hedge, high-yield stocks will continue to be favored by funds. Among the stocks involved, the only sector that must pay dividends is REIT $CSOP AP REITS(3447.HK). This ETF is interesting because the stocks held are spread across different geographies in Asia, with a focus on Australia. The advantage of Australia is that due to its geographical location, it can avoid geopolitical risks. At the same time, $LINK REIT(823.HK) has clearly become one of the strongest blue-chip stocks this time, officially entering the second stage according to the chart. Other property-related stocks in the sector have also seen a rise.