Morning Trend | FE HLDGS INTL repeatedly tests support, is there a low-buying fund preparing for a surprise rebound?
FE HLDGS INTL (36.HK) experienced multiple declines during intraday trading on October 28, with real estate and industrial stocks entering a cooling period. The market remained low throughout the day, with main operations clearly converging, but intraday funds showed signs of low absorption and aggressive trading, distancing themselves from pure observation. The news front was quiet, but there were rumors within the market that "bottom-fishing funds are quietly lurking," with the trading community silently focusing on the 1.35-1.39 range. From a technical perspective, the MACD is weakening, and moving averages are under pressure, with no clear rebound momentum seen yet. However, each time there is a concentrated surge in volume, it suggests that some capital energy is accumulating. Currently, everyone is generally focused on market fluctuations, while right-side traders are more concerned with the patience of low absorption layouts. As long as there are large orders pushing up and marginal improvements in the news front, a short-term rebound window is likely to appear instantly. The longer the market rhythm drags on, the more anxious it becomes, and the higher the probability of a stir, with short-term opportunities often arising in the depths of despair
FE HLDGS INTL (36.HK) experienced multiple declines during intraday trading on October 28, with real estate and industrial stocks entering a cooling period. The market spent the day consolidating at low levels, with main operations clearly converging, but intraday funds showed signs of low absorption and aggressive trading, distancing themselves from pure observation.
The news front is quiet, but there are rumors within the market that "bottom-fishing funds are quietly lurking," with the trading community silently focusing on the 1.35-1.39 range. From a technical perspective, MACD is weakening, and moving averages are suppressing prices, with no clear rebound momentum seen yet. However, each instance of concentrated intraday volume shooting suggests that some capital energy is accumulating.
Currently, everyone is generally focused on market fluctuations, while right-side traders are more concerned with patiently positioning low absorption funds. As long as there are large orders pushing prices up and marginal improvements in news, a short-term surge rebound window is likely to appear instantly. The longer the market rhythm drags on, the more anxious it becomes, and the higher the probability of a breakout, with short-term opportunities often arising from despair
