Morning Trend | TIANGONG INT'L Strong Rebound, Is the Special Steel Main Line Expected to Welcome a Sector Breakout?
TIANGONG INT'L (826.HK) experienced significant fluctuations on the 28th, with a sharp rise in the morning followed by a pullback after reaching a high. The trading community is actively discussing whether the special steel sector is set to "make a comeback." From the market perspective, while the capital flow is not extreme, it is steadily increasing, and the moving averages show a bullish trend. However, there is still pressure from high-level gaps, leading many traders to adopt a quick in-and-out strategy, focusing on short-term trades. Recently, there have been no major new orders or policy catalysts; the activity is purely a result of thematic rotation and expectations of a recovery in industry infrastructure. The enthusiasm for infrastructure chain mainline speculation is rising, and the valuation repair of special steel as a leader in new materials is becoming apparent. However, overall, the main players are focused on short-term opportunities, and the long-term logic of infrastructure replenishment has yet to be clearly established. A large amount of short-term capital is relying on "quick reactions, quick exits, and quick locks" for bottom-fishing arbitrage, and any sudden positive news could easily ignite explosive sentiment in the sector. The current risk lies in the absence of large orders in the sector, with high-level low-volume fluctuations being the main theme, and a sustained trend has not yet formed. The market's focus is on whether to wait for internal industry orders and signals of industrial chain upgrades; when there are unusual movements from the main players at high levels, it is crucial to closely monitor intraday volume and the actions of the main players, while also guarding against weakness and adjustments after a rise
TIANGONG INT'L (826.HK) experienced significant fluctuations on the 28th, with a sharp rise in the morning followed by a pullback. The trading community is actively discussing whether the special steel sector is set to "make a comeback." From the market perspective, while the capital flow is not extreme, it is steadily increasing, and the moving averages show a bullish trend, although there is still pressure from high-level gaps. Many traders are simply adopting a quick in-and-out strategy, focusing on short-term trades.
Recently, there have been no major new orders or policy catalysts; the situation is purely a game of thematic rotation and expectations of a recovery in industry infrastructure. The enthusiasm for infrastructure chain mainline speculation is rising, and the valuation repair of special steel as a leader in new materials is emerging. However, overall, the main players are focused on short-term opportunities, and the long-term logic of infrastructure replenishment has yet to be clearly established. A large amount of short-term capital is relying on "quick reactions, quick exits, and quick locks" to bottom-fish for arbitrage, and any sudden positive news could easily ignite explosive sentiment in the sector.
The current risk lies in the absence of large orders in the sector, with high-level low-volume fluctuations being the main theme, and a sustained trend has not yet formed. The market's focus is on whether to wait for internal industry orders and signals of upgrades in the industrial chain. When there are unusual movements from the main players at high levels, it is essential to closely monitor intraday volume and the actions of the main players, while also guarding against weakness and adjustments after a rise
