Pop Mart International Group Ltd HKG: 9992 just crossed its 200 Day Moving Average. This indicates bullishness in the price action of the stock as it rebounds to from lows of HK$11 to current levels of HK$25. While the stock rides on the momentum caused by China's swift reopening, headwinds await its longer term growth as global consumer demand for such "fun" products reduce in an inflationary environment. Find out more about POPMART, its fundamentals and technicals in this video!
Should you go long on POPMART?
Jan 18, 2023
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