Morning Trend | CHALIECO Approaches Resistance Level, Is Capital Crowded or a Short-term Inducement?

On October 22, Aluminia International reached a new phase high after slight fluctuations at the close. Within half an hour of the opening, there was a significant inflow of funds, and throughout the day, buying pressure concentrated on the non-ferrous metal sector, with the leading aluminum chain showing particularly strong performance. The momentum during the session was clearly released, especially in the last trading phase where volume slightly increased, leading to a surge in short-term fund sentiment, with the stock price at one point approaching the pressure zone of 2.71 yuan. On the news front, international aluminum prices have recently rebounded, and the price difference between domestic and international markets has narrowed, making the entire non-ferrous metal industry chain "sought after by funds." This dynamic has attracted a lot of cyclical hot money, and the "resource speculation" trend has once again heated up. There were no major announcements from Aluminia International itself this week, but backed by the sector's popularity, the short-term trading atmosphere quickly transmitted to the market. It is worth noting that the stock price has stabilized above multiple moving averages and is approaching the upper Bollinger Band, leading the market to start being cautious about potential pullback pressure. Technically, the momentum is relatively strong, but the RSI shows overbought conditions, and some profit-taking may occur at any time. The divergence among short-term main forces has increased, with right-side trading funds paying more attention to intraday volume changes and adopting a cautious attitude towards high-level fluctuations. From a technical perspective, Aluminia International has recently seen increased volume combined with support from multiple important moving averages, with short-term funds remaining high, but frequent overbought signals may bring intraday fluctuations or slight pullback pressure. If subsequent market funds continue to flow in and lead to a volume breakthrough, the stock price is expected to challenge historical phase highs; otherwise, it may mainly consolidate at high levels within 3-5 days. Anomalous funds are likely to engage in intense competition in the previous resistance zone of 2.65 to 2.71 yuan, and aggressive investors should pay attention to the main force's attitude during intraday selling and when retesting moving averages