Morning Trend | CR BLDG MAT TEC repeatedly tests the key line, can the support hold? Is the short-term rebound window approaching?
CR BLDG MAT TEC (1313.HK) recently opened with a rapid decline, and the stock price has repeatedly tested key technical support, with marginal changes in market sentiment. The building materials sector has been significantly affected by fluctuations in industry policies and demand expectations, leading to increased caution among community funds. It is evident from the market that there are signs of the main force repeatedly defending the market, but short-term funds are frequently withdrawing, and every surge encounters selling pressure from those looking to break even. From a technical perspective, the current trend is approaching a previous area of concentrated trading, and if the volume continues to shrink, it may lead to a risk of stagnation. Indicators such as MACD and KDJ are still hovering in a range and have not fully reversed. If key support is breached, bullish confidence will be greatly undermined. Conversely, if the stock stabilizes here and forms a volume reversal, it could easily attract short-term rebound funds, becoming a potential trigger point for a rebound from oversold conditions. Market sentiment is focused on expectations of a recovery in the real estate chain and infrastructure demand, with some funds cautiously positioning themselves in anticipation of policy catalysts. On the trading front, the main force has not significantly reduced positions over the past few days, but has instead supported the market during declines. If the broader market stabilizes, the likelihood of CR BLDG MAT TEC rebounding first increases. Community traders are generally waiting for effective performance in the lower support area, and once there is unusual fund movement or the sector experiences event-driven catalysts, short-term opportunities may arise. The risk lies in breaking support, which would lead to a new round of divergence in corrections, necessitating quick stop-loss actions. In terms of operations, a phased layout strategy can be adopted, considering increasing positions after a decline to key levels with accompanying volume. Attention should be paid to intraday volume anomalies and policy news; if there is a sudden positive development or sector rotation, the rebound window may open earlier
CR BLDG MAT TEC (1313.HK) recently opened with a rapid decline, and the stock price has repeatedly tested key technical support, with market sentiment showing marginal changes. The building materials sector has been significantly affected by fluctuations in industry policies and demand expectations, leading to increased caution among community funds. It is evident from the market that the main force is repeatedly defending the market, but short-term funds are frequently withdrawing, and every surge encounters selling pressure from those looking to break even.
From a technical perspective, the current trend is approaching a previous area of concentrated trading. If the volume continues to shrink, it may lead to a risk of stagnation. Indicators such as MACD and KDJ are still hovering in a range and have not fully reversed. If key support is breached, bullish confidence will be greatly undermined. Conversely, if it stabilizes here and forms a volume expansion reversal, it could easily attract short-term rebound funds, becoming a potential trigger point for a rebound from oversold conditions.
Market sentiment is focused on the expectations of a recovery in the real estate chain and infrastructure demand, with some funds positioning themselves in advance, waiting for policy catalysts. On the trading front, the main force has not significantly reduced positions over the past few days, but has instead supported the market multiple times during declines. If the broader market stabilizes, the likelihood of CR BLDG MAT TEC leading the rebound increases.
Community traders are generally waiting for effective performance in the support zone below. Once there is unusual fund movement or the sector experiences event-driven changes, short-term opportunities may arise. The risk lies in breaking the support, which would lead to a new round of corrective divergence, necessitating quick stop-loss actions.
In terms of operations, a phased layout strategy can be adopted, considering increasing positions after a decline to key levels with accompanying volume. Attention should be paid to intraday volume anomalies and policy news; if there is a sudden positive development or sector rotation, the rebound window may open earlier. Currently, we are on the eve of a trend change, with fund sentiment at a critical point, making it more suitable to quickly capture unusual opportunities
