Morning Trend | POLY PROPERTY shows a resonance of volume and price, is the main upward wave accelerating or is divergence approaching?
Poly Property Group (0119.HK) has recently shown prominent characteristics of volume-price resonance, with the daily MACD golden cross driving the stock price to record multiple consecutive bullish candles. The trading volume has increased, and the 5-day moving average is rapidly accumulating short-term upward momentum, with market funds continuously flowing in, indicating the initial signs of a bottom recovery for the leading real estate companies. From a fundamental perspective, as the real estate industry's deleveraging gradually reaches a bottom, with increased policy financial support and stimulus from repurchase news, Poly Property's valuation space is gradually recovering. Urban renewal and the release of quality land reserves provide long-term growth potential for the company. Recently, industry analysts have raised their target prices, further enhancing market confidence. On the technical side, key resistance is at HKD 14. If there is a volume breakout today, the subsequent upward space is expected to open further. Support on pullbacks is at HKD 13.5 and the 10-day moving average, and short-term trading should closely follow volume-price anomaly signals to adjust positions. Especially as there are still divergences in real estate funding, caution is needed regarding capital rotation and internal sector competition. Operational advice emphasizes right-side trading with a focus on volume coordination; if there is a volume increase, active short-term follow-up can be pursued, otherwise, positions should be reduced to defend against potential losses from chasing highs. Overall, Poly Property Group is in the early stage of a primary upward wave, and attention should be paid to changes in the financial environment and marginal trends in real estate-related policies
Poly Property Group (0119.HK) has recently shown prominent characteristics of volume-price resonance, with the daily MACD golden cross driving the stock price to close multiple consecutive bullish candles. The trading volume has increased, and the 5-day moving average has rapidly accumulated short-term upward momentum, with market funds continuously flowing in, indicating the initial signs of a bottom recovery for the real estate leader.
From a fundamental perspective, as the real estate industry gradually reaches the bottom of deleveraging, with increased policy financial support and stimulus from repurchase news, Poly Property's valuation space is gradually being repaired. Urban renewal and the release of quality land reserves provide long-term growth potential for the company. Recently, industry analysts have raised their target prices, further enhancing market confidence.
On the technical side, attention should be paid to the key resistance level of HKD 14. If there is a volume breakout today, the subsequent upward space is expected to open further. Support on pullbacks should be monitored at HKD 13.5 and the 10-day moving average, and short-term trading should adjust positions closely following volume-price anomaly signals. Especially as there are still divergences in real estate funding, caution is needed regarding capital rotation and internal sector competition.
In terms of operational advice, right-side trading should focus on volume coordination; if there is a volume increase, active short-term follow-up can be pursued, otherwise, positions should be reduced to defend against potential losses from chasing highs. Overall, Poly Property Group is in the early stage of a primary upward wave, and attention should be paid to changes in the financial environment and marginal trends in real estate-related policies
