$XTALPI(02228.HK) has fallen below the moving average support, with the bearish alignment accelerating and heavy trapped positions above. In this situation, the risk-reward ratio for short-term bets on a "dead cat bounce" is far inferior to chasing strong, popular stocks.
Those with short positions should continue to wait and see, and not rashly try to bottom-fish. Those with lighter floating losses should consider reducing positions or cutting losses based on the strength of any rebound.
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