
Morning Trend | CHINA TRAVEL HK's volume is building up, is a breakout window just around the corner?

China Travel HK (0308.HK) has recently shown strong momentum characteristics, with the daily MACD achieving a golden cross, and trading volume gradually increasing day by day, while the stock price hovers near the breakout window in the short term. The 5-day and 10-day moving averages are converging upwards, with technical funds continuously flowing in, and the main force's chips are accumulating in key areas. From a fundamental perspective, with the recovery of tourism demand in Hong Kong and Macau and the impact of major holidays, the company's main business revenue is expected to accelerate, coupled with favorable policies and an upward industry outlook, which has increased the enthusiasm for capital allocation. Technically, attention should be paid to the 4 HKD level; if there is a significant breakout during the session, the stock price is expected to rise rapidly to 4.3 HKD or even higher. However, intraday risks should not be underestimated. As chips accumulate, high-level fluctuations are unavoidable, and if the volume cannot sustain, there is a probability of a pullback to the 3.56-3.70 HKD range for a second consolidation. Investors should decide on entry and exit based on intraday volume and price movements, and avoid blindly chasing high prices. In terms of operational advice, it is more prudent to enter on the right side after a significant breakout and dynamically adjust positions to guard against losses from false breakouts. Overall, China Travel HK is at a critical stage, with mainline funds showing a willingness for incremental speculation. It is advisable to adopt a balanced approach, remaining cautious or testing with light positions until clear right-side signals emerge
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