Meituan Breakout
Macro:
Chinese leading indicators expanding/ recovering
Chinese consumer returning to norm
Global innovation theme taking off
Sector:
Consumer cyclicals preferred
Technology focused
Stock:
3Q seasonality good for Meituan
Mid Autumn Festival pent up consuemr spending
Potential HSI inclusion (fingers crossed)
Technicals:
General uptrend intact (Moving averages & rising OBV)
Ascending Triangle
Chinese leading indicators expanding/ recovering
Chinese consumer returning to norm
Global innovation theme taking off
Sector:
Consumer cyclicals preferred
Technology focused
Stock:
3Q seasonality good for Meituan
Mid Autumn Festival pent up consuemr spending
Potential HSI inclusion (fingers crossed)
Technicals:
General uptrend intact (Moving averages & rising OBV)
Ascending Triangle
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