Methodology: each issue's direction is a live signal — long/short opens or holds a position, neutral means flat, and every direction change opens, flips, or closes it. Returns are direction-aware (a short gains when the price falls) and compound across positions from first observation to the latest issue. "Price move" is the stock's own raw change, shown separately. Neither represents actual portfolio performance.
Brief History (2 issues)
The backlog and the margin inflection are real, but the location is terrible: RSI(7) at 88.8, price 37.6% above the 20-day, and already 10% through the Street's HK$31.3 consensus target — an entry here earns trend money while bleeding location risk. The plan: scale in on a pullback to HK$30.5–32.5 (1–2 ATRs below the close, around the consensus target); stop at HK$28.8, below the HK$29 earnings-gap floor — a full gap fill invalidates the setup; target HK$38–40, the HK$35.46 52-week-high breakout plus 1.5–2.5 ATRs and upgrade-wave headroom. If the gap never gets tested, stay flat and watch — there is no chase scenario.
Up 8.33% to a HK$28.14 52-week high with RSI firm at 67.2 after a 28.9% month; at 25.9x against 31.0% EPS growth, consensus upside is just 7.8%. Sidelines.