Morning Trend | DAHON TECH undergoes volume reduction adjustment, is a high-level support battle about to begin?

DAHON TECH (2543.HK) experienced a rapid drop from a high position during intraday trading on November 10, with short-term funds under pressure to exit. The MACD indicator has shifted from strong to weak, with the 5/10/20-day moving averages all trending downward, and trading volume shrinking to a new low for the period. On the news front, an international semiconductor giant will hold a new product launch conference at the end of the month, but currently, the impact on Hong Kong's tech stocks is limited. Market concerns about the cyclical adjustment in semiconductors are rising, leading major institutional funds to adopt a wait-and-see approach, while speculative funds are operating more cautiously. During intraday trading, there were occasional large orders attempting to seize positions, but confidence was insufficient, and they were quickly countered by short selling pressure, indicating a defensive funding mentality. If the entire industry experiences sudden positive news or leading sectors strengthen, there is potential for a new round of market momentum driven by sector linkage. However, at present, the technical rebound momentum remains weak, and the sector is primarily focused on structural adjustments. Attention should be paid to the volume linkage performance of the Hong Kong semiconductor sector; only if it synchronously expands and drives DAHON TECH's intraday fluctuations will short-term funds possibly intervene against the trend to form a new support zone. Strategically, risk exposure needs to be controlled, and excessive bets on a one-sided trend should be avoided. The intraday operation suggestion is to focus on observing the main force's intraday fluctuations and policy signals, waiting for marginal changes to become clear